Cepheid (NASDAQ:CPHD) reported robust growth in revenues in the first quarter of fiscal 2012, which were in line with the Zacks Consensus Estimate. However, the company reported adjusted loss per share of 10 cents, much wider than the Zacks Consensus Estimate of a loss of 2 cents and worse than adjusted earnings of 2 cents per share in the corresponding year-ago period.
Cepheid’s bottom line was adversely affected by escalating costs due to a scaling up of manufacturing operations (in Sweden and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards