Cepheid up Nearly 22% on Better Than Expected Earnings

Cepheid CPHD is up nearly 22% on the better than expected earnings that were announced yesterday after the close. The company reported Q2 EPS of $0.03 vs. $(0.02) Est and revenues $67.0M vs. $60.96M Est. Cepheid is currently trading at $38.48, a gain of $6.85 or 21.66%.
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