QIAGEN N.V.: QIAGEN Announces Strong Preliminary Q1 2025 Results and Updates Full-Year 2025 Adjusted Earnings per Share Outlook
Ad hoc Announcement according to Art. 17 Market Abuse Regulation
QIAGEN announces strong preliminary Q1 2025 results and updates full-year 2025 adjusted earnings per share outlook
VENLO, THE NETHERLANDS / ACCESS Newswire / April 6, 2025 / QIAGEN N.V. (NYSE:QGEN)(Frankfurt Prime Standard:QIA) announces preliminary Q1 2025 results that exceed the outlook for both net sales and adjusted earnings per share (EPS), and also updates its adjusted EPS outlook for full-year 2025, reflecting strong performances across many growth drivers.
Net sales grew approximately 5% (+7% at constant exchange rates, CER) to about $483 million in Q1 2025, surpassing the previously communicated outlook for about 3% CER growth (4% CER core business excluding discontinued products such as NeuMoDx and Dialunox). Adjusted diluted EPS are expected to be at least $0.55 CER compared to the previously communicated outlook for about $0.50 CER.
Sales of the QuantiFERON latent TB test grew about 15% CER as global adoption continues to shift from the skin test to this proven, modern blood-based test. The QIAstat-Dx syndromic testing system advanced above 35% CER on continued demand for respiratory panels along with growth in gastrointestinal and meningitis testing. The QIAcuity digital PCR system and QIAGEN Digital Insights bioinformatics business both delivered high-single-digit CER gains, reflecting solid adoption across research and clinical applications. Additional growth contributions also came from higher sales of PCR consumables and from OEM products. Sample technologies sales declined 1% CER, reflecting the cautious instrument spending environment among some Life Sciences customers.
Given the positive start to 2025, QIAGEN is raising its adjusted diluted EPS outlook for full-year 2025 in light of the strong sales growth in Q1 and the overall current business trends, which includes expected headwinds from the recently announced U.S. import tariffs and a better-than-expected tax environment.
Full-year 2025, adjusted diluted EPS are now expected to be about $2.35 CER, up from the prior full-year outlook for about $2.28 CER, while reaffirming the goal to improve the adjusted operating income margin to above 30% for the year.
QIAGEN N.V.
Hulsterweg 82
5912 PL Venlo
The Netherlands
Frankfurt Stock Exchange, Regulated Market (Prime Standard)
End of Inside Information
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Argan Inc (AGX) Q1 2026 Earnings Call Highlights: Record Backlog and Strong Revenue Growth
Revenue: $193.7 million, a 23% increase year-over-year. Gross Margin: 19%, up from 11.4% in the previous year. Net Income: $22.6 million, or $1.60 per diluted share, compared to $7.9 million, or $0.58 per diluted share, last year. EBITDA: $30.3 million, representing 15.6% of revenue, up from $11.9 million, or 7.5% of revenue, last year. Backlog: Record $1.9 billion as of April 30, 2025. Cash and Investments: $546.5 million with net liquidity of $315 million and no debt. Dividend: Quarterly dividend of $0.375 per share. Share Repurchase: Approximately 100,000 shares repurchased for $12.9 million; program increased to $150 million. Power Industry Services Revenue: Increased 45% to $160 million, representing 83% of first-quarter revenues. Industrial Construction Services Revenue: Decreased to $29 million from $44 million, contributing 15% of first-quarter revenues. Telecommunications Infrastructure Services Revenue: Contributed 2% of first-quarter revenues. Release Date: June 04, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Argan Inc (NYSE:AGX) reported a 23% increase in consolidated revenue to $193.7 million for the first quarter of fiscal 2026. The company achieved a gross margin of 19%, reflecting strong execution and a favorable mix of projects. Argan Inc (NYSE:AGX) reported a record backlog of $1.9 billion as of April 30, 2025, indicating strong future project opportunities. The company's balance sheet remains robust with $546.5 million in cash and investments, and no debt. Argan Inc (NYSE:AGX) increased its quarterly dividend to $0.375 per share and expanded its share repurchase program to $150 million, demonstrating a commitment to returning capital to shareholders. The Industrial Construction Services segment experienced a revenue decrease to $29 million from $44 million in the first quarter of fiscal 2025 due to project timing. The Telecommunications Infrastructure Services segment contributed only 2% of first-quarter revenues, indicating limited growth in this area. Gross margins for the Industrial Construction Services segment decreased to 10.8% from 13.3% in the previous year. The timeline for completing gas-fired power plant projects has extended from 2.5-3 years to 3-4 years, primarily due to supply chain issues. Selling, general, and administrative expenses increased to $12.5 million, although they decreased as a percentage of revenues. Q: Can you provide an update on the pipeline visibility for the rest of the year, especially after the Sandow Lakes project award? A: The pipeline remains strong, and we are optimistic about adding to our backlog, which was $1.9 billion as of April 30. We expect to add several power industrial jobs over the next six months, potentially pushing our backlog significantly over $2 billion. However, project start times are not always within our control, but demand is expected to remain strong for the next decade. Q: What is the potential for backlog growth given your current capacity and project pipeline? A: We anticipate our backlog to grow significantly over $2 billion. We have the capacity to handle multiple projects, including renewable and gas jobs. We recently started several new projects, such as a 700-megawatt power plant, and expect to add more, which should increase our backlog substantially. Q: How does the outlook for the Industrial Business segment look, and what are the revenue trends? A: We anticipated a slight contraction in the past quarter, but we are seeing strong interest in TRC due to increased onshoring of US manufacturing. The TRC backlog increased to $91 million, and we expect revenues to increase significantly over the next several quarters. Q: Can you discuss the recent gross margins and the factors contributing to their increase? A: The recent gross margins reflect strong execution and a changing mix of projects and contract types. We are in a competitive but favorable market and expect to exceed last year's margin profile as we progress through the year. Q: Is the extended project timeline from 2.5-3 years to 3-4 years a permanent change, and what are the contributing factors? A: The extended timeline is primarily supply chain driven. If supply chain issues are resolved, there will be a push for quicker project completion. Currently, the timeline is typically 3-4 years, although smaller jobs may be shorter. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 minutes ago
- Yahoo
Argan, Inc. to Announce First Quarter Fiscal 2026 Results and Host Conference Call on Wednesday, June 4, 2025
ARLINGTON, Va., May 21, 2025--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) ("Argan" or the "Company") today announced that the Company will release its first quarter 2026 financial results after the market closes on Wednesday, June 4, 2025. Management will host a webcast with an accompanying slide presentation and conference call on Wednesday, June 4, 2025 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in information: Domestic: 888-506-0062 International: 973-528-0011 Access code: 698123 A replay of the teleconference will be available until June 18, 2025, and can be accessed by dialing 877-481-4010 (domestic) or 919-882-2331 (international). The replay access code is 52474. A replay of the webcast can be accessed until June 4, 2026. About Argan Argan's primary business is providing a full range of construction and related services to the power industry. Argan's service offerings focus on the engineering, procurement and construction of natural gas-fired power plants and renewable energy facilities, along with related commissioning, maintenance, project development and technical consulting services, through its Gemma Power Systems and Atlantic Projects Company operations. Argan also owns The Roberts Company, which is a fully integrated industrial construction, fabrication and plant services company, and SMC Infrastructure Solutions, which provides telecommunications infrastructure services. View source version on Contacts Company Contact: David Watson301.315.0027 Investor Relations: John Nesbett/Jennifer BelodeauIMS Investor Relations203.972.9200argan@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
24 minutes ago
- CNBC
Stock futures are little changed as investors await details on U.S.-China trade policy: Live updates
Traders work at the New York Stock Exchange on June 4, 2025. NYSE Stock futures are near flat on Monday night as investors waited for more insight on trade discussions between the U.S. and China. Dow Jones Industrial Average futures add 25 points points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each also rose 0.1%. Those moves follow a muted day on Wall Street as investors kept an eye on a day of trade talks between officials from the two countries. The discussion is slated to resume on Tuesday morning, a source familiar with the situation told CNBC. The S&P 500 added nearly 0.1% in the regular trading session, eking out its second straight winning day. The Dow ended marginally below its flatline, while the Nasdaq Composite ticked higher by around 0.3%. Traders are monitoring the U.S.-China discussions for signs of a deal that doesn't involve the countries enforcing lofty tariffs on one another. Both nations agreed last month to temporarily slash their duties, which was seen as a major breakthrough in trade negotiations after U.S. President Donald Trump unveiled his plan for broad and steep levies on imports. "I think most people are assuming that some conversation is better than nothing, that we're making progress," said Adam Parker, founder of Trivariate Research, on CNBC's "Closing Bell." Because of that, "people aren't … wanting to sell stocks." Investors will watch Tuesday for small business data due in the morning. That comes ahead of closely watched reports on consumer and producer inflation slated for later in the week. Companies slated to report quarterly earnings Tuesday include J. M. Smucker Co. and GameStop . Futures tied to the Dow, S&P 500 and Nasdaq 100 all traded up by about 0.1% shortly after 6 p.m. ET on Monday night. — Alex Harring
