Navigation Links
Cepheid Reports Third Quarter Revenue of $44.9 Million
Date:10/28/2008

GeneXpert(R) System Momentum Drives 71% Year-Over-Year Growth in Core

Clinical Business

SUNNYVALE, Calif., Oct. 28 /PRNewswire-FirstCall/ -- Cepheid (Nasdaq: CPHD) today reported revenue for the third quarter of 2008 of $44.9 million, an increase of 24% over the third quarter of fiscal 2007. Net loss was $6.5 million, or $(0.11) per share, which compares to revenue of $36.3 million and a net loss of $4.7 million, or $(0.09) per share, in the third quarter of fiscal 2007.

Excluding amortization of purchased intangible assets and stock compensation expenses, non-GAAP net loss for the third quarter was $2.3 million, or $(0.04) per share. This compares to a non-GAAP net loss of $1.5 million, or $(0.03) per share, in the third quarter of fiscal 2007.

"With very strong North American system placements and record MRSA test revenue, our third quarter results highlight the continued momentum of Cepheid's industry-leading GeneXpert System," said John Bishop, Cepheid's Chief Executive Officer. "Approximately 74% of North American system placements in the third quarter were various configurations of our GX-16 which should help to position accounts to take full advantage of our rapidly-developing test menu. With the two additional Xpert(TM) tests cleared by the FDA within the last month, and an aggressive development pipeline that expands beyond Healthcare Associated Infections into women's health, critical infectious disease and oncology, our GeneXpert System is rapidly earning its reputation as the molecular platform of choice for on-demand testing."

Operational Overview

-- Total product sales increased 25% to $42.4 million, from $34.0 million

in the third quarter of fiscal 2007. By industry, product sales were,

in millions:

Three Months Ended September 30

2008 2007 Change

Core Clinical
'/>"/>

SOURCE Cepheid
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13

Related biology technology :

1. Results of United Kingdom MRSA Surveillance Program Using Cepheid GeneXpert(R) System Demonstrate Benefits of Rapid Testing
2. Cepheid Molecular Diagnostic Test for MRSA and S. aureus Categorized Moderate Complexity by FDA
3. Cepheid Schedules Fiscal 2008 Third Quarter Financial Results Announcement and Webcast
4. Cepheid Receives FDA Clearance for First On-Demand Diagnostic Test for Life-Threatening MRSA and Staphylococcus aureus From Patient Positive Blood Cultures
5. Cepheid Receives FDA Clearance for First Rapid On-Demand Molecular Diagnostic Test for MRSA and S. aureus
6. Cepheid to Webcast Upcoming Financial Presentations
7. Cepheid Introduces GeneXpert(R) Infinity-48 System at 2008 American Association of Clinical Chemistry Meeting
8. Cepheid Reports Second Quarter Revenue of $42.1 Million
9. Cepheid to Webcast Analyst Event
10. Cepheid Schedules Fiscal 2008 Second Quarter Financial Results Announcement and Webcast
11. Noted Molecular Epidemiologist Joins Cepheid to Head Healthcare Associated Infection Consortium Program
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/28/2014)...  Next month, executives from clinical trial marketing firm BBK ... with Patient-Centered Clinical Trials 2014 , to be held ... , September 4-5. Patient recruitment experts Bonnie A. Brescia ... will share insights on the benefits of employing an effective ... from media to mobile apps – can be used to ...
(Date:8/28/2014)... August 27, 2014 Scientists, researchers, and ... SPIE Laser Damage 2014 symposium. Marking its ... high-power lasers will run 14-17 September. The event is ... and photonics . , The premier conference for basic ... damage to optical materials will engage researchers and engineers ...
(Date:8/28/2014)... (PRWEB) August 28, 2014 Whitehouse Laboratories ... long term partnership with PTI Inspection Systems ... with state of the art leak testing method development ... art instruments currently available. As part of this agreement, ... High Voltage Leak Detection Instrument developed and manufactured ...
(Date:8/27/2014)... 27, 2014 Reportlinker.com announces that ... in its catalogue: Global Biodegradable ... http://www.reportlinker.com/p02316661/Global-Biodegradable-Packaging-Materials-Market-2014-2018.html About Biodegradable ... are readily decomposed by the action of ... packaging in terms of raw materials, production ...
Breaking Biology Technology:BBK Worldwide Leads Sessions at Key September Events 2Laser Damage to Draw Researchers, Engineers, Scientists to 46th Annual Conference 2Laser Damage to Draw Researchers, Engineers, Scientists to 46th Annual Conference 3Whitehouse Labs Renews Partnership with PTI Inspection Systems 2Whitehouse Labs Renews Partnership with PTI Inspection Systems 3Global Biodegradable Packaging Materials Market 2014-2018 2Global Biodegradable Packaging Materials Market 2014-2018 3Global Biodegradable Packaging Materials Market 2014-2018 4Global Biodegradable Packaging Materials Market 2014-2018 5Global Biodegradable Packaging Materials Market 2014-2018 6Global Biodegradable Packaging Materials Market 2014-2018 7
... Call on U.S. Senate to Take Similar Action, ... of America (ATA), the industry trade organization for ... Appropriations,Subcommittee for taking action that if adopted by ... Homeland Security (DHS) US-VISIT,Exit program., The House-approved ...
... ... FUNCTIONAL FOOD market-- LAVAL, QC, Sept. 25 /PRNewswire-FirstCall/ - ... it entered a worldwide alliance with Marine Life Sciences who ... distribution,of dietary supplements and functional food products in the global,nutraceutical ...
... for the year increase approximately 13.5% vs. prior year, ... Board: CONX), a worldwide developer and marketer of,diagnostic test ... reported,financial results. The report disclosed that the company,s sales ... June 30, 2008.,Some of the results highlighted by the ...
Cached Biology Technology:Neptune Technologies and Marine Life Sciences enter worldwide distribution alliance with Weider Global Nutrition 2Neptune Technologies and Marine Life Sciences enter worldwide distribution alliance with Weider Global Nutrition 3Neptune Technologies and Marine Life Sciences enter worldwide distribution alliance with Weider Global Nutrition 4Corgenix Reports Fiscal 2008 Financial Results 2Corgenix Reports Fiscal 2008 Financial Results 3Corgenix Reports Fiscal 2008 Financial Results 4
(Date:8/28/2014)... DURHAM, N.C. -- Scientists have identified the developmental on-off ... microbes that produce more than two-thirds of the world,s ... would be to see whether it is possible to ... efficient. , The study, appearing August 28 in ... a small molecule called cyclic-di-GMP and a larger protein ...
(Date:8/28/2014)... to Research Careers) Program has announced the travel ... Medicine,s Conference on Integrative Physiology of Exercise from ... awards are meant to promote the entry of ... into the mainstream of the basic science community ... at the American College of Sports Medicine,s Conference ...
(Date:8/28/2014)... the most commonly diagnosed learning disability in the ... occurs when the regions of the brain that ... use of non-invasive functional neuroimaging tools has helped ... However, most prior work has focused on only ... gap in our understanding of how multiple brain ...
Breaking Biology News(10 mins):Small molecule acts as on-off switch for nature's antibiotic factory 2Small molecule acts as on-off switch for nature's antibiotic factory 3Dyslexic readers have disrupted network connections in the brain 2
... video article in JoVE , the Journal ... process synthetic spider silk from bacteria. The procedure presented ... process by standardizing a key step known as "post-spin." ... mechanical actuator to increase fiber strength. These mechanical improvements ...
... electric cars, from the Tesla Model S to the Nissan ... that accounts for more than half of the vehicle,s total ... can theoretically store five times more energy at a much ... After a few dozen cycles of charging and discharging, the ...
... The word rainforest usually conjures up visions of brightly coloured ... of leaves, vines and flowers. But rainforests are also ... region where temperatures are far cooler. And while there are ... every bit as endangered as their southern cousins, and highly ...
Cached Biology News:The future of biomaterial manufacturing: Spider silk production from bacteria 2Stanford-SLAC team uses X-ray imaging to observe running batteries in action 2Stanford-SLAC team uses X-ray imaging to observe running batteries in action 3Stanford-SLAC team uses X-ray imaging to observe running batteries in action 4Hidden secrets in the world's most northerly rainforests 2Hidden secrets in the world's most northerly rainforests 3Hidden secrets in the world's most northerly rainforests 4
Natural Mouse Laminin is purified from the Engelbreth-Holm-Swarm (EHS) sarcoma and is provided in Tris-buffered saline....
EPH electrode, cathode, 1. Category: Electrophoresis Systems & Standards & Reagents, IEF & SDS-PAGE & 2-D Electrophoresis, Multiphor II Kits & Components and Accessories....
... paraffin tissue array is designed for ... interest in extensive panels of different ... heart, kidney, liver, lung, muscle, spleen ... positively charged glass slide. Each ...
Rat Normal Multiple Tissue Array 1 slide...
Biology Products: