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

s_span">27%Non-Clinical & Other

5.28.5-39%Total Sales$  116.5$  96.021% 

  • By geography, total sales were, in millions:
  • Three Months Ended June 30,20142013ChangeNorth AmericaClinical

    $
    57.7
    $  49.916%Non-Clinical & Other

    3.97.5-47%Total North America61.657.47%InternationalClinical

    53.737.643%Non-Clinical & Other

    1.21.016%Total International54.938.642%Total Sales$  116.5$  96.021%


  • During the quarter, Cepheid installed a total of 158 GeneXpert systems in its commercial Clinical business. Additionally, the Company placed a total of 926 GeneXpert systems as part of its High Burden Developing Country (HBDC) program. Including the HBDC systems, a cumulative total of 7,096 GeneXpert systems have been placed worldwide as of June 30, 2014.
  • GAAP gross margin on sales was 49% and non-GAAP gross margin on sales was 50%, which compares to 45% and 47%, respectively, in the second quarter of 2013.
  • Cash, c
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