QuidelOrtho (QDEL) - 2025 Q2 - Quarterly Results

Exhibit 99.1 July 31, 2024 QuidelOrtho Reports Second Quarter 2024 Financial Results — 100 million in annualized cost-savings initiatives will benefit second half 2024 and first half 2025 — — Strong progress on business review and refocusing R&D investments on core growth areas — Second quarter 2024 revenue was 637 million, as reported: • Total recurring revenue grew 3% as reported and 5% in constant currency compared to the prior year period, excluding COVID-19 revenue and U.S. Donor Screening revenue 1 ...