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Response Genetics, Inc. Announces Second Quarter Financial Results
Date:8/14/2012

quarter ended June 30, 2012.RESPONSE GENETICS, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
AND COMPREHENSIVE LOSSThree Months Ended June 30,Six Months EndedJune 30,2011201220112012Net revenue$

6,702,561$

3,835,006$
2,630,136$
7,816,651Operating expenses:Cost of revenue2,800,9042,426,1185,501,8265,126,976Selling and marketing1,417,4601,495,3212,856,5862,949,128General and administrative2,347,2171,920,5634,224,5624,279,013Research and development221,546699,791385,8881,269,746Total operating expenses6,787,1276,541,79312,968,86213,624,863Operating loss(84,566)(2,706,787)(338,726)(5,808,212)Other income (expense):Interest expense(2,792)(22,882)(5,575)(46,059)Interest income1486621Loss before income tax provision (87,344)(2,729,661)(344,235)(5,854,250)Income tax provision————Net loss(87,344)(2,729,661)(344,235)(5,854,250)Unrealized gain (loss) on foreign currency
translation(15,313)(1,794)(15,313)(2,306)Comprehensive loss$

(102,657)$

(2,731,455)$
(359,548)$
(5,856,556)Net loss per share — basic and diluted$

(0.00)$

(0.11)$
(0.02)$
(.25)Weighted-average common shares — basic and 
diluted18,699,89823,873,27018,699,89823,873,270 

The condensed consolidated statement of operations at June 30, 2011 and 2012 are derived from the unaudited financial statements included in the Company's Form 10-Q for the quarter ended June 30, 2012. 

Investor Relations Contact:

Media Relations Contact:Peter Rahmer

Barry SudbeckTrout Group

Fleishman-Hillard646-378-2973

415-318-4261


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SOURCE Response Genetics, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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