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Cepheid Reports 2012 First Quarter Results
Date:4/19/2012

s 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

Jacquie RossCepheid Corporate Communications

Cepheid Investor RelationsTel: (408) 400 8377

Tel: (408) 400 8329communications@cepheid.com

investor.relations@cepheid.com FINANCIAL TABLES FOLLOWCEPHEID 

CONDENSED CONSOLIDATED UNAUDITED STATEMENTS OF OPERATIONS(in thousands, except per share data)

 Three Months Ended
March 31,20122011Revenues:System sales 

$
3,231$
2,691Reagent and disposable sales 

62,06244,946Total product sales 

75,29357,637Other revenues 

1,9992,582Total revenues 

77,29260,219Costs and operating expenses:Cost of product sales 

35,60825,310Collaboration profit sharing 

1,6841,092Research and development

22,10213,574Sales and marketing

14,51211,447General and administrative

11,0517,630Total costs and operating expenses 

84,95759,053Income (loss) from operations 

(7,665)1,166Other income (expense), net

238(199)Income (loss) before income taxes

(7,427)967Benefit from (provision for) income taxes

1,901(440)Net income (loss)

$
(5,526)$
527Basic net income (loss) per share 

$
(0.08)$
.01Diluted net income (loss) per share 

$
(0.08)$
.01Shares used in computing basic net income (loss) per share 

65,02761,161Shares used in computing diluted net income (loss) per share 

65,02765,028 

SOURCE Cepheid
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