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Sequenom, Inc. Reports Financial Results for the Third Quarter of 2011
Date:11/3/2011

y developed tests, Sequenom's ability to manage its existing cash resources or raise additional cash resources, competition, intellectual property protection and intellectual property rights of others, government regulation particularly with respect to diagnostic products and laboratory developed tests, obtaining or maintaining regulatory approvals, ongoing litigation and investigations and other risks detailed from time to time in Sequenom's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K and other documents subsequently filed with or furnished to the Securities and Exchange Commission. These forward-looking statements are based on current information that may change and you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and Sequenom undertakes no obligation to revise or update any forward-looking statement to reflect events or circumstances after the issuance of this press release.

[Financial tables follow]SEQUENOM, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited)(in thousands, except per share data)Three months endedNine months endedSeptember 30,September 30,2011201020112010Revenues:Genetic analysis product sales and  

services

$
,362$
,997$
34,929$
32,371Diagnostic services

2,2196875,4941,335Total revenues

13,58111,68440,42333,706Costs and expenses:Cost of genetic analysis product

sales

and services and diagnostics

services

5,4594,10314,98813,822Gross Margin

8,1227,58125,43519,884Research and development

12,64311,30540,42032,925Selling and marketing

8,2766,90422,01420,409General and administrative

5,4615,28815,33716,586Litigation settlement, net of

revaluation gains

-7,049-48,848Total operating expenses

26,3
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SOURCE Sequenom, Inc.
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