Cepheid (CPHD) Reports 2012 Third Quarter Results
10/19/2012 9:15:23 AM
SUNNYVALE, Calif., Oct. 18, 2012 /PRNewswire/ -- Cepheid (CPHD) today reported revenues for the third quarter of 2012 of $80.5 million, representing growth of 15% from $70.2 million for the third quarter of 2011. Net loss was $21.3 million, or $(0.32) per share, which compares to net income of $1.9 million, or $0.03 per share, in the third quarter of 2011. As anticipated, the third quarter net loss reflected a charge of $15.1 million, or $0.23 per share, associated with a litigation settlement.