CEPHEID (CPHD) reported fourth quarter non-GAAP net income of $0.14 per share after the close Thursday, up from $0.09 per share in the previous year. Full year 2012 non-GAAP EPS is expected to be between $0.55 and $0.60.
CEPHEID has gapped open sharply higher Friday morning and is now up 6.22 at $40.57. The stock is now challenging resistance at the highs of the year, trading at a 3 1/2 month high.
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