$QuidelOrtho (QDEL.US)$Revenue has continued to grow over th...
$QuidelOrtho(QDEL.US$Revenue has continued to grow over the past 5 years, with an average growth rate of 57% in the first 4 years. A very large-scale merger and acquisition occurred in 2022, and revenue surged 92.3%.
Operating profit surged 9.2 times in 2020 with a sharp increase in revenue, fell 14% in 2021, but only increased 7% in 2022, mainly due to excessive growth in costs and sharp increases in operating expenses.
Net profit declined for two consecutive years after soaring tenfold in 2020 to a high of 810 million yuan. The decline in 2022 was mainly affected by restructuring and merger expenses, while interest expenses also soared sharply.
2023Q1 revenue fell sharply by 15.6%, operating profit fell 79%, and net profit fell 90%. This large-scale decline indicates that the aftermath of acquisitions has not subsided.
Currently, the price-earnings ratio is 9, but the price-earnings ratio TTM has become negative, so you can watch a few more quarterly reports and talk about it.
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