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Genomic Health Announces First Quarter 2008 Financial Results and Business Progress

d net loss per share 28,217,160 24,561,164

Genomic Health, Inc.

Condensed Consolidated Balance Sheets

(in thousands)

As of As of

31-Mar-08 31-Dec-07

(Unaudited) (Audited)

Cash and cash equivalents $14,355 $39,164

Short term investments 51,012 29,196

Accounts receivable, net 6,736 5,089

Prepaid expenses and other current assets 3,095 3,105

Total current assets 75,198 76,554

Property and equipment, net 12,010 10,412

Restricted cash 500 500

Other assets 437 463

Total assets $88,145 $87,929

Accounts payable $1,957 $1,966

Accrued expenses and other current liabilities 8,896 7,616

Deferred revenue 4,624 1,008

Notes payable, short-term 2,665 2,687

Notes payable, long-term 1,380 2,039

Other liabilities 1,409 1,447

Stockholders' equity 67,214 71,166

Total liabilities and stockholders' equity $88,145 $87,929

The condensed consolidated balance sheet at December 31, 2007 has been

derived from the audited consolidated financial statements at that date

included in the Company's Form 10-K for the

SOURCE Genomic Health, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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