QuidelOrtho Corporation, a San Diego-based medical diagnostics company, reported a third-quarter loss of $53.8 million on Tuesday. That works out to a loss of 78 cents per share. Adjusted for one-time gains and costs, earnings were 31 cents per share. Revenue for the period was $618.9 million. For the full year, the company expects earnings of 65 cents to 70 cents per share and revenue of $2.52 billion to $2.54 billion.

QuidelOrtho reported third-quarter 2026 revenue of $619 million, down 12% from a year earlier. The San Diego diagnostics company cited lower sales in China, after changes to In Vitro Diagnostics pricing, and a softer respiratory season. Net loss was $54 million, and adjusted EBITDA was $148 million. Point of Care revenue fell 27% to $120 million, while Labs revenue fell 6% to $353 million. Outside China, Labs revenue grew 3%. The company launched a cost transformation and restructuring program that it expects to save over $80 million a year in 2027. It will record about $30 million to $35 million in one-time charges in the fourth quarter. It will also reorganise around two businesses, Core Diagnostics and Point of Care Diagnostics.

QuidelOrtho launches VITROS 450 chemistry system. * November 02, 2026 QuidelOrtho has launched the VITROS 450 chemistry system, a next-generation analyser designed to empower low-volume and community-based laboratories with high-quality, reliable results. Compact yet powerful, the VITROS 450 System enables laboratories to do more with less - supporting patient care in rural clinics, urban satellite laboratories and network facilities. It offers intuitive design and proven technology, making it ideal for laboratories seeking quality without compromise. This launch marks an important milestone in advancing diagnostic access and quality across diverse healthcare environments. The VITROS 450 System is now available in key markets around the world, including China, Asia-Pacific, Europe, Middle East and Africa and Latin America. Waterless operation eliminates the need for plumbing or drains and simplifies maintenance. The system keeps testing simple, consistent and dependable regardless of who is at the bench, supporting teams with diverse experience levels. The compact footprint suits laboratories with limited space. Waterless operation and the overall system design helps reduce operational waste and energy use.