QuidelOrtho Targets More Than $80 Million in 2027 Savings
Photo: TokenPost
QuidelOrtho Corporation narrowed its 2026 revenue forecast and announced a restructuring program it expects to produce more than $80 million in annual savings in 2027, as third-quarter revenue fell 11.6% year over year. The company expects the cost transformation and enterprise restructuring program to bring $30 million to $35 million in one-time charges in the fourth quarter of 2026. Its new operating model will focus on Core Diagnostics and Point of Care Diagnostics. QuidelOrtho did not provide a timetable for when during 2027 the savings are expected to accrue.
Source: TokenPost
