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Quidel Reports Preliminary Q4, FY2014 Revenues

NEW YORK (GenomeWeb) – Quidel said today that it expects revenues in the range of $63 million to $64 million for the fourth quarter and $182 million to $183 million for full-year 2014.

The preliminary results are based on management's initial analysis of operations for the quarter ended Dec. 31, Quidel said in a filing with the US Securities and Exchange Commission.

The Q4 revenue projection would represent a 26 percent to 28 percent increase year over year. On average, analysts were estimating $57.3 million in revenues for the company in Q4.