Cepheid (CPHD) Tops Q1 EPS by 17c

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Cepheid Reports 2015 First Quarter Results

April 23, 2015 4:06 PM EDT

SUNNYVALE, Calif., April 23, 2015 /PRNewswire/ -- Cepheid (Nasdaq: CPHD) today reported revenue for the first quarter of 2015 of $132.6 million, representing growth of 24% from $106.9 million for the first quarter of 2014.  Net income was $0.9 million, or $0.01 per share, which compares to net loss of $(9.3) million, or $(0.13) per share, in the first quarter of 2014. 

Excluding stock-based compensation expense, amortization of debt discount and transaction costs, and amortization of purchased intangible assets, non-GAAP net income for the first quarter of 2015 was $12.4 million, or $0.17 per share.  This compares to a non-GAAP net loss of $(0.6) million, or... More