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NEW YORK – Quidel announced preliminary second quarter results after the market closed Monday, saying that it expects to report a revenue increase in the range of 86 to 87 percent over the prior-year quarter. The firm attributed the increase to demand for its COVID-19-related diagnostic products.

Quidel said it expects revenues for Q2 2020 to be in the range of $201 million to $202 million. The firm's revenues for Q2 2019 were $108.3 million, as previously reported.

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