Qiagen N v reported in the forth quarter of 2024 net earnings per share of $0.37 a decrease by -75 % year on year from $1.48 and an improvement compare to net loss per share of $0.00 realized in previous quarter.
forth quarter of 2024
Earnings Per Share
Revenues
$ 0.37
$
1,919 Mill
$-1.11-75 %
$+19M+0.98 %
Qiagen N V 's Revenue
rose by
0.98 % in forth quarter of 2024 (Dec 31 2024) year on year,
to $1,919 million and
advanced by
sequentially.
Qiagen N V 's net income of $83.591 million in the forth quarter of 2024 decreased by -75.51 % from net earnings of $341.303 million achieved in IV. Quarter a year ago.
Sequentially
Company turn into Profitability from net loss of $0.000 million recorded in previous quarter.
Qiagen N V Inventories Inventories declined by -29.9 % to $279.26 million from IV. Quarter a year ago, sequentially inventories fell by 0 %.
In Dec 31 2024 company's net cash and cash equivalents decreased by $-5 million, capital expenditures fell by -162.8025.18%, to $-171 millions compare to same quarter a year ago
The recent financial report for Qiagen N V paints a grim picture for the company's financial health. The company's income fell by a staggering -19.57% in the October to December 31 2023 period, dropping to $1.48 per share from $1.84 a year before. This significant decrease in income is alarming and raises concerns about the company's ability to generate profits in the future. Furthermore, Qiagen N V's revenue took a hit as well, declining by -8.67% to $1.90 billion from $2.08 billion in the same reporting period a year ago. This sharp decrease in revenue is a clear indication that the company is facing challenges in maintaining its market share and profitability. The bottom-line of $341.303 million in th...