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Qiagen Q2 Adjusted Earnings, Revenue Rise

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Qiagen (QGEN) reported Q2 adjusted earnings late Wednesday of $0.62 per diluted share, up from $0.60 a year earlier.

Analysts polled by FactSet expected $0.60.

Revenue for the three months ended June 30 was $535 million, up from $533.5 million a year earlier.

Analysts surveyed by FactSet expected $527.5 million.

The company expects Q3 adjusted diluted EPS of at least $0.62. Analysts project $0.64.

Qiagen reaffirmed full-year adjusted EPS guidance of at least $2.43. Analysts project $2.41.

The company's shares fell 2% in after-hours trading.

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