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, a maker of rehabilitation devices like knee braces, said its third-quarter revenue should be at least at the upper end of its previous guidance.

The company, formerly known as DJ Orthopedics, has forecast revenue for the quarter of $106 million to $108 million. DJO also said it expects its operating margins and earnings for the third quarter to improve from the second quarter, consistent with its prior estimates.

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Shares of DJO were rising $4.50, or 11.8%, to $42.75 following the news Monday.

On average, analysts are calling for a profit of 28 cents a share and sales of $107.1 million for the quarter.