Cepheid Turns To Profit In Q1 - Quick Facts

(RTTNews) - Cepheid (CPHD) reported first-quarter net income of $906 thousand or $0.01 per share, compared to a loss of $9.3 million or $0.13 per share, prior year. Adjusted earnings per share was $0.17, for the quarter.

On average, 15 analysts polled by Thomson Reuters expected the company to report a loss per share of $0.16 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $132.64 million from $109.61 million last year. Analysts expected revenue of $125.40 million for the quarter.

For the fiscal year ending December 31, 2015, the company now expects: total revenue to be in the range of $542 to $553 million; net loss per share in the range of $0.47 to $0.43; and Non-GAAP net income in the range of $0.25 to $0.29 per share. Analysts expect the company to report fiscal 2015 loss per share of $0.52 on revenue of $546.82 million.