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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 21.37+1.4%2:47 PM EST

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To: jad who wrote (983)7/25/1997 11:04:00 AM
From: DeadHead   of 1693
 
The backorders are probably responsible for the 1 cent disparity with the estimates, and the legal costs are non-reoccurring. The backorders will only make next quarter better.

The big question, which is hard to calculate from the earnings release, is the actual impact of the additional royalty payments.

All-in-all, I would have liked to see a surprise on the upside, but I don't think we'll see QDEL shareholders jumping out their windows, as Howie (the soon-to-be bull) would like to suggest.
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