AP NEWS

QIAGEN Reports Results for Fourth Quarter and Full-Year 2018

February 4, 2019

VENLO, the Netherlands--(BUSINESS WIRE)--Feb 4, 2019--QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) announced results of operations for the fourth quarter and full-year 2018, meeting the goal for full-year net sales and exceeding the goal for adjusted earnings per share while driving global expansion of its Sample to Insight portfolio of molecular testing solutions.

“We are pleased with the achievements of QIAGEN in 2018, delivering a performance in line with our outlook for net sales growth and exceeding our target for adjusted earnings per share. Our teams made outstanding progress on creating what we believe is one of the most dynamic and disruptive portfolios of Sample to Insight solutions for molecular testing,” said Peer M. Schatz, Chief Executive Officer of QIAGEN N.V. “Although we exceeded our target for adjusted diluted EPS, sales for the fourth quarter were softer, due mainly to changes agreed upon during the quarter in a third-party R&D project in Applied Testing linked to the divestment of the veterinary testing assay portfolio and our decision to accelerate the reduction of low-margin, third-party instrument service contracts to ensure service capacity for several new QIAGEN instrument systems, such as QIAstat-Dx and NeuMoDx.”

Please find the full press release here.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190204005749/en/

CONTACT: John Gilardi

Vice President Corporate Communications and Investor Relations

+49 2103 29 11711 and +1 240 686 2222

John.gilardi@qiagen.comDr. Sarah Fakih

Director Investor Relations

+49 2103 29 11457

Sarah.fakih@qiagen.comDr. Thomas Theuringer

Senior Director Public Relations and Digital Communications

+49 2103 29 11826 and +1 240 686 7425

Thomas.theuringer@qiagen.com

KEYWORD: AUSTRIA EUROPE NETHERLANDS GERMANY SWITZERLAND

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS OTHER TECHNOLOGY HEALTH BIOTECHNOLOGY GENERAL HEALTH

SOURCE: QIAGEN N.V.

Copyright Business Wire 2019.

PUB: 02/04/2019 04:04 PM/DISC: 02/04/2019 04:04 PM

http://www.businesswire.com/news/home/20190204005749/en

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