Cepheid (CPHD) Reports Q2 EPS of $0.05

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Go back to Cepheid (CPHD) Reports Q2 EPS of $0.05

Cepheid Reports Second Quarter 2016 Results

July 28, 2016 4:08 PM EDT

SUNNYVALE, Calif., July 28, 2016 /PRNewswire/ -- Cepheid (Nasdaq: CPHD) today reported revenue for the second quarter of 2016 of $146.0 million, representing growth of 10%, or 12% on a constant currency basis, from $132.5 million for the second quarter of 2015.  Net loss was $(10.2) million, or $(0.14) per share, which compares to net loss of $(16.7) million, or $(0.23) per share, in the second quarter of 2015. 

Excluding stock-based compensation expense, amortization of debt discount and transaction costs, and amortization of purchased intangible assets, non-GAAP net income for the second quarter of 2016 was $3.5 million, or $0.05 per share.  This compares to... More