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Cepheid Reports 2009 First Quarter Results

ts further demonstrate that Cepheid is executing well on its vision of providing a broad test menu thereby helping the GeneXpert System to become the molecular testing platform of choice."

Operational Overview

  • Total product sales of $36.6 million compared to $41.9 million in the first quarter of fiscal 2008. By industry, product sales were, in millions:

                                 Three Months Ended
                                      March 31,
                                  2009  2008 Change
                                  ----  ---- ------

    Clinical Systems              $4.8  $7.0    -32%
    Clinical Reagents             19.0  10.6     79%
                                  ----  ----
        Total Clinical            23.8  17.6     35%
    Industrial                     3.7   3.6      3%
    Biothreat                      7.9  12.6    -37%
    Partner                        1.2   8.1    -85%
                                   ---   ---
    Total Product Sales          $36.6 $41.9    -13%

  • By geography, product sales were, in millions:

                                 Three Months Ended
                                      March 31,
                                  2009  2008 Change
                                  ----  ---- ------

    North America
         Clinical                $18.4 $12.8     43%
         Other                    10.8  18.6    -42%
                                  ----  ----
    Total North America           29.2  31.4     -7%

         Clinical                  5.4   4.8     12%
         Other                     2.0   5.7    -65%
                                   ---   ---
    Total International            7.4  10.5    -30%
                                 ----- -----
SOURCE Cepheid
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