05:19 PM EDT, 05/07/2025 (MT Newswires) -- Qiagen ( QGEN ) reported Q1 adjusted diluted earnings late Wednesday of $0.55 per share, up from $0.46 a year earlier.

Analysts polled by FactSet expected $0.50.

Net sales in the quarter rose to $483 million from $462 million a year earlier.

Analysts expected $468.9 million.

The company reaffirmed 2025 adjusted diluted EPS guidance of $2.35 at constant exchange rates. Analysts polled by FactSet expect $2.29.

The company named Stephen Rusckowski as chairman of the supervisory board, succeeding Lawrence Rosen, effective June 26 at the annual general meeting.

The company plans to seek authorization for a new $500 million share repurchase program at the AGM.