India, May 7 -- Qiagen N.V. (QGEN) reported that its first quarter net income rose to $90.76 million or $0.41 per share from $80.67 million or $0.36 per share in the same quarter last year.
Quarterly adjusted earnings per share was $0.55 compared to $0.46 in the prior year. At constant exchange rates, adjusted earnings per share were $0.56 up 22% from last year. Analysts expected the company to report earnings of $0.51 per share for the first quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter increased to $483.46 million from $458.80 million in the prior year. Analysts expected revenue of $476.78 million for the quarter.
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