We examine the generalized squeezed states defined as eigenstates of a
linear combination of the lowering and raising operators a(2) and (a(
dagger))(2), respectively. This approach is entirely equivalent to the
minimum-uncertainty method applied to the amplitude-squared operators
. We solve the eigenvalue equation in Glauber's coherent-state represe
ntation and find two independent solutions. Their Fock-state expansion
s, one containing only even and the other only odd number states, reve
al a, strong nonclassical character. We show that the calculation of t
he mean photon number is sufficient to obtain the expectation values o
f interest. Consequently, photon statistics is investigated in both ca
ses by using the generating function of the photon-number distribution
. We find the conditions under which the second-order squeezed states
display photon antibunching and quadrature squeezing. Also discussed i
s the preservation of their amplitude-squared squeezing by linear ampl
ification at gains exceeding 2. Analytically, our results are simple f
ormulas in terms of Kummer and Gauss hypergeometric functions that all
ow straightforward numerical calculations.