VENLO (dpa-AFX) - Qiagen NV (QGENF) released earnings for first quarter that retreated compared to the same period last year.
The company said its bottom line dropped to $44.0 million, or $0.19 per share. This was down from $51.5 million, or $0.22 per share, in last year's first quarter.
Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 0.1% to $298.4 million. This was down from $298.7 million last year.
Qiagen NV earnings at a glance:
-Earnings (Q1): $44.0 Mln. vs. $51.5 Mln. last year. -Earnings Decline (Y-o-Y): -14.6% -EPS (Q1): $0.19 vs. $0.22 last year. -EPS Decline (Y-o-Y): -13.6% -Analysts Estimate: $0.19 -Revenue (Q1): $298.4 Mln vs. $298.7 Mln last year. -Revenue Change (Y-o-Y): -0.1%
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