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Transgenomic, Inc. Reports Third Quarter 2009 Results
Date:11/5/2009

2009 2008 ---- ---- ---- ---- NET SALES $5,046 $5,367 $15,508 $17,869 COST OF GOODS SOLD 2,293 2,448 7,291 7,570 ----- ----- ----- ----- Gross profit 2,753 2,919 8,217 10,299 OPERATING EXPENSES: Selling, general and administrative 2,215 2,757 7,922 8,824 Research and development 938 684 2,468 1,816 Restructuring costs - - - 8 --- --- --- --- 3,153 3,441 10,390 10,648 ----- ----- ------ ------ LOSS FROM OPERATIONS (400) (522) (2,173) (349) OTHER INCOME (EXPENSE): Interest income 1 22 14 80 Other, net (1) 14 (4) 13 --- -- --- -- - 36 10 93 --- --- --- --- LOSS BEFORE INCOME TAXES (400) (486) (2,163) (256) INCOME TAX EXPENSE (BENEFIT) (34) 13 (114) 20 ---- -- ----- -- NET LOSS (366) (499) (2,049) (276) ===== ===== ======= ===== BASIC AND DILUTED LOSS PER SHARE: $(0.01) $(0.01) $(0.04) $(0.01) ====== ====== ====== ====== BASIC AND DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING
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SOURCE Transgenomic, Inc.
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