Navigation Links
Transgenomic Reports Second Quarter Financial Results
Date:8/11/2011

793,54511,1166,803LOSS FROM OPERATIONS(1,624)(1,058)(2,374)(1,432)OTHER INCOME (EXPENSE):Interest expense

(240)1(478)1Expense on preferred stock

(4,239)—(6,266)—Other, net

1—232—(4,478)1(6,512)1LOSS BEFORE INCOME TAXES(6,102)(1,057)(8,886)(1,431)INCOME TAX EXPENSE (BENEFIT)(104)89(110)38NET LOSS$

(5,998)$

(1,146)$

(8,776)$

(1,469)PREFERRED STOCK DIVIDENDS AND ACCRETION(267)—(527)—NET LOSS AVAILABLE TO COMMON STOCKHOLDERS$

(6,265)$

(1,146)$

(9,303)$

(1,469)BASIC AND DILUTED LOSS PER COMMON SHARE$

(0.13)$

(0.02)$

(0.19)$

(0.03)BASIC AND DILUTED WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING49,299,67249,206,33949,296,33949,198,005See notes to unaudited condensed consolidated financial statements.Transgenomic, Inc.Summary Financial ResultsModified EBITDA(dollars in thousands)Management uses Modified EBITDA, a non-GAAP measure, to measure the Company's financial performance and to internally manage its businesses.  Management believes that Modified EBITDA provides useful information to investors as a measure of comparison with peer and other companies.  Modified EBITDA should not be considered an alternative to, or more meaningful than, net income or cash flow as determined in accordance with generally accepted accounting principles.  Modified EBITDA calculations may vary from company to company.  Accordingly, our computation of Modified EBITDA may not be comparable with a similarly-titled measure of another company.The following sets forth the reconciliation of Net Loss to Modified EBITDA for the periods indicated:Three Months EndedSix Months EndedJune 30,June 30,2011201020112010NET LOSS$(5,998)$(1,146)$(8,776)$(1,469)INTEREST EXPENSE (INCOME)240(1)478(1)INCOME (TAXES) BENEFIT(104)89(110)38DEPRECIATION AND AMORTIZATION498169992378PREFERRED STOCK EXPENSES4,239—6,266—STOCK OPTION EXPENSE (RECOVERY
'/>"/>

SOURCE Transgenomic, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related biology technology :

1. Transgenomic to Hold First Quarter Financial Results Conference Call on May 12, 2011
2. Transgenomic, Inc. Enhances FAMILION® Genetic Test Offerings
3. Transgenomic, Inc. Presentations to Describe High-Sensitivity Detection of Cancer Biomarkers at the 2011 American Association for Cancer Research Meeting
4. Transgenomic Announces Discovery of a Novel Technique Which Enhances Analytic Sensitivity of Standard Sanger Sequencing to 1%
5. Reminder Webcast Alert: Transgenomic to Hold Fourth Quarter Financial Results Conference Call on March 11, 2011
6. Transgenomic to Hold Fourth Quarter Financial Results Conference Call on March 11, 2011
7. Transgenomic to Present at the Lippert/Heilshorn Life Sciences & Medtech Virtual Conference on February 17
8. Transgenomic Reports Third Quarter Financial Results
9. Transgenomic Awarded $1,070,453 From U.S. Government Under the Patient Protection and Affordable Care Act
10. Transgenomic to Hold Third Quarter Financial Results Conference Call on November 15, 2010
11. Transgenomic Develops New Assays to Detect EGFR Mutations Using COLD-PCR
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2014)... CO (PRWEB) July 29, 2014 TransVac ... soiled linen collection and transport solutions for hospitals, will ... for Healthcare Engineering (ASHE) Annual Conference & Technical Exhibition ... will present its technology for making hospitals cleaner, reducing ... costs over the hospital’s life cycle. Staff will ...
(Date:7/29/2014)... Rock Hill, South Carolina (PRWEB) July 29, 2014 ... communicate with teams of people where cell phone masts or ... other iPhones up to 100 feet away without the need ... iPhones to target longer ranges. , The new app has ... 8% of US homes are at very high risk of ...
(Date:7/29/2014)... San Diego, CA (PRWEB) July 29, 2014 ... added to Pipette.com’s centrifugation product selection. Eppendorf 5427 R ... reverse engineering, and DNA – it is targeted towards ... the Eppendorf Centrifuge 5427 R as it compliments their ... as their Eppendorf line of microcentrifuge tubes, PCR tubes, ...
(Date:7/29/2014)... , July 29, 2014 ... Biopsy System (LBS) zur Erfassung biologischer Daten ... Herzkranzgefäßen entwickelt und patentiert. Das LBS nimmt ... der Koronararterie des Patienten und sucht erhöhte ... hat das Potenzial, die Entdeckung und Entwicklung ...
Breaking Biology Technology:TransVac Presents Cost Saving Technology at ASHE Conference for Keeping Hospitals Cleaner 2DisasterTalk App Could Save Lives as Report Reveals 8% of US Homes at Very High Risk of Natural Disaster 2International Pipette Distributor, Pipette.com Announces the Addition of the Eppendorf Centrifuge 5427 R to Their Product Portfolio 2PlaqueTec sichert sich CE-Kennzeichnung für Liquid Biopsy System - bahnbrechende Innovation zur Erfassung neuer biologischer Informationen aus erkranktem Herzkranzgefäß 2PlaqueTec sichert sich CE-Kennzeichnung für Liquid Biopsy System - bahnbrechende Innovation zur Erfassung neuer biologischer Informationen aus erkranktem Herzkranzgefäß 3PlaqueTec sichert sich CE-Kennzeichnung für Liquid Biopsy System - bahnbrechende Innovation zur Erfassung neuer biologischer Informationen aus erkranktem Herzkranzgefäß 4
... one is no different. Like a creaky car on an old ... up the steep incline of recovery. After so much work, the ... ride. And to be clear in my metaphor, lets be sure ... we have not yet forgotten. , ,The next 12 months hold ...
... their grades online for the first time in December. An ... of staff members from the Universitys Division of Information ... , ,We worked out what we wanted to ... to instructors, said Connie Chatman, manager for student records in ...
... Loftus, who held the Wisconsin Legislatures top spot from ... Hyde characteristics in his book, The Art of Legislative ... individuals act collectively for the common good. A legislature ... , ,The Wisconsin Legislature over the past 10 years ...
Cached Biology Technology:Year ahead offers payoff for hard work 2Year ahead offers payoff for hard work 3UW-Madisons move to online grading goes smoothly 2In the Wisconsin Legislature, the promise of a productive session 2In the Wisconsin Legislature, the promise of a productive session 3
(Date:7/29/2014)... methods and applications for imaging and manipulation of the ... were the inspiration behind Neurophotonics , a new ... optics and photonics. , The first issue coincides with ... States, and a special section features articles that lay ... impact that optics and photonics will have on advancing ...
(Date:7/29/2014)... the North is changing. An ice-covered expanse now has ... to extend across the whole Arctic Ocean before the ... to create Arctic swell huge waves that could ... , A University of Washington researcher made the first study ... and detected house-sized waves during a September 2012 storm. ...
(Date:7/29/2014)... world of science, researchers sometimes need to get ... did just that to study the impacts of ... coral reef ecosystems at two remote locations in ... animal tracking and computer simulation, McCauley, an assistant ... Marine Biology, and his colleagues sought to understand ...
Breaking Biology News(10 mins):SPIE launches Neurophotonics journal with special section on BRAIN Initiative 2SPIE launches Neurophotonics journal with special section on BRAIN Initiative 3Huge waves measured for first time in Arctic Ocean 2Huge waves measured for first time in Arctic Ocean 3Underwater elephants 2Underwater elephants 3
... of the Walter and Eliza Hall Institute of Medical ... of the 2009 Pearl Meister Greengard Prize. ... the accomplishments of outstanding female scientists, at The Rockefeller ... prize was founded by Rockefeller Nobel laureate Paul Greengard ...
... highlands split and the Great Rift Valley formed, the ... different atmospheric circulation patterns than it does today, according ... central African nation. Neil J. Tabor, associate professor ... and an expert in sedimentology and isotope geochemistry, calculated ...
... over could benefit from new software* created at the National ... scientists has found a way to improve the efficiency of ... Alabama at Birmingham (UAB). Pneumonia is the world,s leading ... and poses a serious risk to elderly adults. The leading ...
Cached Biology News:Professor Suzanne Cory awarded 2009 Pearl Meister Greengard Prize 2Ethiopia's climate 27 million years ago had higher rainfall, warmer soil 2Scientists create NICE solution to pneumonia vaccine testing problems 2
Dual-bay Dyad thermal cycler chassis, does not include the Alpha units (requires 2)...
EZ-DeWax is a one-step solution that simultanously removes paraffin from and rehydrates formalin-fixed, paraffin embedded tissue...
Artisan™ Wash Solution (x 50) Additional Information: EU regulatory status: CE US regulatory status: IVD ...
... an inexpensive personal or mini thermal cycler, and ... with a small footprint, it can be easily ... desk. , The Gene Cycler thermal cycler meets ... access to a large laboratory thermal cycler, or ...
Biology Products: