May 6, 2020 / 8:15 PM / 19 days ago

BRIEF-Qiagen Q1 Net Sales Up At $372.1 Million

May 6 (Reuters) - QIAGEN NV:

* Q1 SALES ROSE 7 PERCENT TO 372.1 MILLION USD

* Q1 NET SALES OF $372.1 MILLION (+7% ACTUAL, +9% CER VERSUS. ABOUT+2-3% CER OUTLOOK)

* Q1 DILUTED EPS $0.17; ADJUSTED EPS $0.34 ($0.34 CER VERSUS. ABOUT $0.28-0.29 CER OUTLOOK)

* QTRLY DILUTED EPS $0.17

* BASED ON TRENDS TO DATE, WE EXPECT ONGOING STRONG GROWTH FOR Q2 OF 2020 IN BOTH SALES AND ADJUSTED EARNINGS PER SHARE

* PLANS FOR A 50-FOLD INCREASE IN OUR OUTPUT OF VIRAL RNA EXTRACTION KITS. Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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