Cepheid (CPHD) Announces Weak Prelim. Q3 Results; Trims FY15 Outlook
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Cepheid Reports Preliminary Results For 2015 Third Quarter
October 13, 2015 4:03 PM EDTSUNNYVALE, Calif., Oct. 13, 2015 /PRNewswire/ --Â Cepheid (Nasdaq: CPHD) today announced preliminary results for the quarter ending September 30, 2015.
Based on Cepheid's preliminary financial results, total revenue for the third quarter of 2015 is expected to be approximately $126.5 million, and net loss per share is expected to be approximately $(0.32) for the third quarter. Based on Cepheid's preliminary financial results, non-GAAP net loss per share for the third quarter of 2015 is expected to be approximately $(0.13), excluding stock-based compensation expense of approximately $10.0 million, amortization of debt discount and transaction costs of $2.6 million, and amortization of purchased... More
