Quidel Corporation Reports Strong Second Quarter Results

SAN DIEGO--(BUSINESS WIRE)--Quidel Corporation (NASDAQ:QDEL), a leader in point-of-care rapid diagnostic tests, today announced financial results for the quarter and six months ended June 30, 2007: Highlights: * Revenue increased 13% to $18.6 million * Gross margin expanded to 50% from 47% last year * Net loss declined to $1.7 million from $4.0 million last year, or to a loss per share of $0.05 from $0.12

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