VENLO (dpa-AFX) - Qiagen NV (QGEN) revealed a profit for fourth quarter that retreated compared to the same period last year.
The company said its bottom line declined to $36.5 million, or $0.15 per share. This was down from $76.2 million, or $0.32 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 5.2% to $366.5 million. This was up from $348.5 million last year.
Qiagen NV earnings at a glance:
-Earnings (Q4): $36.5 Mln. vs. $76.2 Mln. last year. -Earnings Decline (Y-o-Y): -52.1% -EPS (Q4): $0.15 vs. $0.32 last year. -EPS Decline (Y-o-Y): -53.1% -Analysts Estimate: $0.34 -Revenue (Q4): $366.5 Mln vs. $348.5 Mln last year. -Revenue Change (Y-o-Y): 5.2%
Copyright RTT News/dpa-AFX
© 2017 AFX News
