Cepheid (CPHD) PT Cut to $39 at Leerink Partners
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Cepheid Reports 2015 Third Quarter Results
October 20, 2015 4:05 PM EDTSUNNYVALE, Calif., Oct. 20, 2015 /PRNewswire/ -- Cepheid (Nasdaq: CPHD) today reported revenue for the third quarter of 2015 of $126.5 million, representing growth of 10% from $115.2 million for the third quarter of 2014. Net loss was $(22.9) million, or $(0.32) per share, which compares to net loss of $(7.2) million, or $(0.10) per share, in the third quarter of 2014.Â
Excluding stock-based compensation expense, amortization of debt discount and transaction costs, and amortization of purchased intangible assets, non-GAAP net loss for the third quarter of 2015 was $(9.1) million, or $(0.13) per share. This compares to non-GAAP net income of $4.7 million, or $0.06 per... More
