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NEW YORK (GenomeWeb) – Quidel reported after the close of the market on Wednesday that its first quarter revenues declined 13 percent year over year, primarily driven by difficult year-over year comparable flu test sales and foreign currency headwind.

For the three months ended March 31, revenues fell to $148.0 million from $169.1 million in Q1 2018, below analysts' average estimate of $155.2 million.

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