Qiagen’s Financial Growth and Rising Debt in Q3 2024
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Qiagen (QGEN) has released an update.
Qiagen has reported its financial results for the third quarter of 2024, showing an increase in total assets to over $6.27 billion from $6.11 billion at the end of 2023. The company’s current assets have grown significantly, with cash and cash equivalents rising to approximately $973 million. However, there has been a rise in long-term debt to $1.36 billion, highlighting potential financial strategies to watch in the coming months.
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