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

|By:, SA News Editor

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.