QuidelOrtho Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 711 million compared to USD 846.1 million a year ago. Net loss was USD 1,706 million compared to net income of USD 48.8 million a year ago.

Basic loss per share from continuing operations was USD 25.5 compared to basic earnings per share from continuing operations of USD 0.73 a year ago. Diluted loss per share from continuing operations was USD 25.5 compared to diluted earnings per share from continuing operations of USD 0.73 a year ago.