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Cepheid (CPHD -5%) dips after its Q1 swings to a loss despite a jump in revenue as higher...

Cepheid (CPHD -5%) dips after its Q1 swings to a loss despite a jump in revenue as higher research and development expenses and input costs weighed on its bottom line. The company also gave a mixed forecast for FY12, now seeing an EPS of $0.50 - $0.55 on revenue of $333M - $347M. The Street is at $0.24 per share and revenue of $342M.

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