Cepheid Slips To Loss In Q4 - Quick Facts

(RTTNews) - Cepheid (CPHD) reported fourth-quarter net loss of $10.3 million, or $0.15 per share, compared to net income of $5.6 million, or $0.08 per share, last year.

Excluding stock compensation expenses, the restructuring expense and amortization of acquired purchased intangible assets, non-GAAP net income for the fourth quarter was $2.3 million, or $0.03 per share, compared to $14.2 million, or $0.20 per share, in the fourth quarter of 2012. Revenues were $113.26 million, up 24% from $92.43 million last year.

On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.11 per share on revenue of $102.17 million for the quarter. Analysts' estimates typically exclude special items.

For the fiscal year ending December 31, 2014, the company expects loss in the range of $0.26 to $0.21 per share, adjusted net income in the range of $0.24 to $0.29 per share and total revenue in the range of $446 million to $461 million. Analysts expect the company to report profit of $0.01 per share on revenue of $447.50 million.