CEPHEID INC Reveals 49% Decline In Q1 Profit

(RTTNews) - CEPHEID INC (CPHD) reported a profit for first quarter that decreased from last year.

The company said its bottom line totaled $6.27 million, or $0.08 per share. This was down from $12.37 million, or $0.17 per share, in last year's first quarter.

The company said revenue for the quarter rose 9.2% to $144.78 million. This was up from $132.64 million last year.

CEPHEID INC earnings at a glance:

-Earnings (Q1): $6.27 Mln. vs. $12.37 Mln. last year. -Earnings Decline (Y-o-Y): -49.3% -EPS (Q1): $0.08 vs. $0.17 last year. -EPS Decline (Y-o-Y): -52.9% -Revenue (Q1): $144.78 Mln vs. $132.64 Mln last year. -Revenue Change (Y-o-Y): 9.2%

-Guidance: Full year EPS guidance: $0.22 to $0.28 Full year revenue guidance: $618 to $635 mLN