Cepheid (CPHD) Tops Q1 EPS by 7c, Offers FY Guidance
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Cepheid Reports First Quarter 2016 Results
April 28, 2016 4:12 PM EDTSUNNYVALE, Calif., April 28, 2016 /PRNewswire/ -- Cepheid (Nasdaq: CPHD) today reported revenue for the first quarter of 2016 of $144.8 million, representing growth of 9%, or 13% on a constant currency basis, from $132.6 million for the first quarter of 2015. Net loss was $(6.6) million, or $(0.09) per share, which compares to net income of $0.9 million, or $0.01 per share, in the first quarter of 2015.Â
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 2016 was $6.3 million, or $0.08 per share. This compares to... More
