This article has been updated from a previous version to include comments made by Qiagen CEO Peer Schatz during an earnings call.

NEW YORK (GenomeWeb) – Qiagen said after the close of the market Wednesday that its first quarter revenues were flat year over year, but the top-line result exceeded analysts' expectations.

For the three months ended March 31, Qiagen reported $298.4 million in revenues, exceeding the Wall Street consensus estimate of $295.8 million. On an adjusted basis and at constant exchange rates (CER), Q1 revenues increased 2 percent year over year.

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Sponsored by
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