Quidel Blows Past Estimates for Q3 Revenue
It's been a topsy-turvy year for testing company Quidel (NASDAQ: QDEL). Its business went from booming amid the worst of the pandemic to a significant drop-off, as vaccination rates rose and concerns about COVID-19 began to dissipate. Then came the delta variant and testing mandates, and now the company is back to being busy with high demand for its tests.
This month, the company released preliminary revenue numbers for its upcoming third quarter. It will release full results next month, and it looks like it is going to be another stellar quarter for the business.
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Source Fool.com
