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
