NEW YORK (GenomeWeb) – Quidel reported after the close of the market Friday that it expects to report fourth quarter revenues of $52 million to $53 million.

The firm's preliminary revenues fall well short of the average Wall Street estimate of $63.1 million. This firm also missed analysts' average estimate for revenues in Q3, reporting sales of $49.3 million compared to analysts' expectations for revenues of $50.9 million.