QuidelOrtho Corp
For the period ended Dec 29, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
QDEL$11.52-4.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of (Loss) Income
(In millions, except per share data)
| Fiscal Year Ended | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Total revenues | $2,782.9 | $2,997.8 | $3,266.0 |
| Cost of sales, excluding amortization of intangibles | 1,496.4 | 1,500.7 | 1,329.8 |
| Selling, marketing and administrative | 766.8 | 763.2 | 621.0 |
| Research and development | 218.7 | 245.0 | 187.9 |
| Amortization of intangible assets | 203.4 | 204.8 | 132.5 |
| Acquisition and integration costs | 127.2 | 113.4 | 136.0 |
| Goodwill impairment charge | 1,822.6 | — | — |
| Asset impairment charge | 56.9 | 4.5 | 2.8 |
| Other operating expenses | 51.8 | 27.1 | 12.3 |
| Operating (loss) income | (1,960.9) | 139.1 | 843.7 |
| Interest expense, net | 163.5 | 147.6 | 75.7 |
| Loss on extinguishment of debt | — | — | 24.0 |
| Other expense, net | 7.1 | 20.6 | 8.1 |
| (Loss) income before income taxes | (2,131.5) | (29.1) | 735.9 |
| (Benefit from) provision for income taxes | (79.5) | (19.0) | 187.2 |
| Net (loss) income | $(2,052.0) | $(10.1) | $548.7 |
| Basic (loss) earnings per share | $(30.54) | $(0.15) | $9.66 |
| Diluted (loss) earnings per share | $(30.54) | $(0.15) | $9.56 |
| Weighted-average shares outstanding - basic | 67.2 | 66.8 | 56.8 |
| Weighted-average shares outstanding - diluted | 67.2 | 66.8 | 57.4 |
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