NEW YORK (GenomeWeb) – Cepheid reported after the close of the market on Thursday a 16 percent year-over-year increase in its fourth quarter revenues. 

The Sunnyvale, Calif.-based firm said that for the three months ended Dec. 31, 2014 it had revenues of $131.5 million, up from $113.3 million in Q4 2013. It beat the consensus Wall Street estimate of $125.3 million. 

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