QIAGEN Reports Results for Second Quarter of 2016; Increased Commitment to Return $300 Million of Capital to Shareholders by End-2017

Jul 28, 2016, 16:05 ET from QIAGEN N.V.

VENLO, The Netherlands, July 28, 2016 /PRNewswire/ --


  • Q2 2016 results show QIAGEN delivering on goals for acceleration during the year 
    • Net sales of $334.4 million (+5% actual, +6% constant exchange rates, CER);
      EPS of $0.09; adjusted EPS of $0.24 ($0.24 CER) 
    • 8% CER sales growth excluding impact from lower U.S. HPV test sales 
    • Free cash flow up 75% to $77.6 million 
  • Sample to Insight portfolio transformation gaining momentum on improving trends among customers in Life Sciences and Molecular Diagnostics  
  • QIAGEN on track for continued acceleration in H2 2016 and achieving targets for full-year 2016 growth in net sales and adjusted EPS 
  • Increased commitment to return $300 million to shareholders by end of 2017  

QIAGEN N.V. (NASDAQ: QGEN; Frankfurt Prime Standard: QIA) announced results of operations for the second quarter and first half of 2016, delivering on goals for net sales and adjusted earnings per share results while updating full-year 2016 targets for the acquisition of Exiqon A/S. QIAGEN also announced new plans to return $300 million of capital to shareholders by the end of 2017, expanding on the fourth $100 million share repurchase program announced in April 2016 (not yet initiated).

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Full press release including tables with detailed financial information can also be downloaded in PDF format from: https://www.qiagen.com/~/media/5a4500e7fb5047cf86d423ff45fa74f1.ashx

Investor Relations: John Gilardi Vice President Corporate Communications and Investor Relations +49-2103-29-11711 +1-240-686-2222

Dr. Sarah Fakih Associate Director Investor Relations +49-2103-29-11457 Email: ir@qiagen.com ir.qiagen.com

Public Relations: Dr. Thomas Theuringer Senior Director Public Relations and Digital Communications +49-2103-29-11826 +1-240-686-7425 Email: pr@qiagen.com http://www.twitter.com/qiagen http://www.facebook.com/QIAGEN pr.qiagen.com