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Transgenomic, Inc. Reports Second Quarter 2009 Results
Date:8/12/2009

0, -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- NET SALES $5,473 $6,246 $10,463 $12,501 COST OF GOODS SOLD 2,822 2,507 4,999 5,122 ----- ----- ----- ----- Gross profit 2,651 3,739 5,464 7,379 OPERATING EXPENSES: Selling, general and administrative 2,732 3,091 5,708 6,066 Research and development 686 560 1,530 1,132 Restructuring costs - 8 - 8 --- --- --- --- 3,418 3,659 7,238 7,206 ----- ----- ----- ----- LOSS FROM OPERATIONS (767) 80 (1,774) 173 OTHER INCOME (EXPENSE): Interest income 2 25 14 58 Other, net (3) - (3) (1) --- --- --- --- (1) 25 11 57 --- --- --- --- INCOME (LOSS) BEFORE INCOME TAXES (768) 105 (1,763) 230 INCOME TAX EXPENSE (BENEFIT) (38) 4 (80) 7 ---- --- ---- --- NET INCOME (LOSS) (730) 101 (1,683) 223
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SOURCE Transgenomic, Inc.
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