QuidelOrtho Corporation reported earnings results for the third quarter and nine months ended October 02, 2022. For the third quarter, the company reported sales was USD 783.8 million compared to USD 509.8 million a year ago. Net income was USD 19.2 million compared to USD 215.7 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 5.17 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to USD 5.08 a year ago.
For the nine months, sales was USD 2,399.5 million compared to USD 1,061.7 million a year ago. Net income was USD 518.4 million compared to USD 412.9 million a year ago. Basic earnings per share from continuing operations was USD 9.67 compared to USD 9.91 a year ago. Diluted earnings per share from continuing operations was USD 9.56 compared to USD 9.72 a year ago.