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Cepheid Reports 2014 Second Quarter Results
Date:7/17/2014

rnews_span">$
52,889$
2,651
$
95,781
  Stock-based compensation expense

(1,473)(840)(1,854)(1,382)  Amortization of purchased intangible assets

(223)(805)(446)(1,659)Non-GAAP measure of cost of sales

$
57,872
$
51,244
$
,351
$
92,740
Gross margin on sales per GAAP

49%45%50%49%Gross margin on sales per Non-GAAP

50%47%51%51%Operating expenses

$
,840
$
47,289
$
20,705
$
93,905
  Stock-based compensation expense

(7,675)(5,689)(14,076)(11,424)  Amortization of purchased intangible assets

(432)(441)(861)(815)Non-GAAP measure of operating expenses

$
53,733
$
41,159
$
5,768
$
81,666
Income (loss) from operat
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