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Cepheid Reports 2013 Second Quarter Results
Date:7/18/2013

in this release are made as of the date of this press release, based on information currently available to Cepheid, and Cepheid assumes no obligation to update any such forward-looking statement or reasons why results might differ.CONTACTS:For Media Inquiries:For Investor Inquiries:Jared Tipton

Cepheid Corporate Communications

Tel: (408) 400 8377

communications@cepheid.com

Jacquie Ross

Cepheid Investor Relations

Tel: (408) 400 8329

investor.relations@cepheid.comFINANCIAL TABLES FOLLOW CEPHEIDCONDENSED CONSOLIDATED UNAUDITED STATEMENTS OF OPERATIONS(in thousands, except per share data)Three Months Ended June
30, Six Months Ended June
30, 2013201220132012Sales:System and other sales

$
8,796$
7,100$
34,806$
32,330Reagent and disposable sales

77,21663,915153,144125,977Total sales

96,01281,015187,950158,307Costs and operating expenses:Cost of sales 

52,88935,07295,78170,680Collaboration profit sharing 

1,4251,6453,5353,329Research and development

18,57216,11836,29938,220Sales and marketing

19,10515,10838,23129,620General and administrative

9,61211,01119,37522,062Total costs and operating expenses 

101,60378,954193,221163,911Income (loss) from operations

(5,591)2,061(5,271)(5,604)Other expense, net

(717)(572)(343)(334)Income (loss) before income taxes

(6,308)1,489(5,614)(5,938)Benefit from (provision for) income taxes

(272)(354)(653)1,547Net income (loss)

$
(6,580)$
,135$
(6,267)$
(4,391)Basic net income (loss) per share 

$
(0.10)$
.02$
(0.09)$
(0.07)Diluted net income (loss) per share 

$
(0.10)$
.02$
(0.09)$
(0.07)Shares used in computing basic net income (loss) per share 

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SOURCE Cepheid
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