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NEW YORK (360Dx) – Chembio Diagnostics said after the close of the market on Wednesday that its first quarter revenues rose 8 percent year over year, although product sales were flat.

For the three months ended March 31, the Medford, New York-based company recorded total revenues of $8.3 million, up from $7.7 million a year ago but short of the consensus Wall Street estimate of $8.6 million.

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