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Transgenomic, Inc. Reports Fourth Quarter and Fiscal Year 2008 Results
Date:3/18/2009

649 763 2,465 3,033 Restructuring charges 110 211 118 1,516 Goodwill Impairment 638 - 638 - 3,369 3,722 14,016 16,015 INCOME (LOSS) FROM OPERATIONS (19) 199 (368) (3,322) OTHER INCOME (EXPENSE): Interest income (expense) (5) 54 74 270 Other, net (3) 177 12 1,121 (8) 231 86 1,391 INCOME (LOSS) BEFORE INCOME TAXES (27) 430 (282) (1,931) INCOME TAX EXPENSE 192 218 213 243 INCOME (LOSS) FROM CONTINUING OPERATIONS (219) 212 (495) (2,174) INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX - - - 67 NET INCOME (LOSS) $(219) $212 $(495) $(2,107) BASIC AND DILUTED INCOME (LOSS) PER SHARE: From continuing operations $0.00 $0.00 $(0.01) $(0.04) From discontinued operations - - - - $0.00 $0.00 $(0.01) $(0.04) BASIC AND DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING 49,189,672 49,189,672 49,189,672 49,189,672 Transgenomic, Inc. Summary Financial Results Unaudited Condensed Consolidated Statements of Cash Flows (dollars in thousands) Year Ended December 31, 2008 2007
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