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Medical diagnostic equipment firms Alere (ALR +14.8%) and Quidel (QDEL +12.4%) are taking off...

Medical diagnostic equipment firms Alere (ALR +14.8%) and Quidel (QDEL +12.4%) are taking off after each posted their Q3 results. Alere's Q3 EPS beat Street estimates by $0.08 on 9% Y/Y revenue growth. Quidel's Q3 EPS missed by $0.05, but its revenue beat estimates by $2.8M, on the back of 17% Y/Y growth. (QDEL transcript)

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