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Clarient Reports Second Quarter Revenue Up 40 Percent
Date:8/4/2009

----- ----- ------ ------ Gross profit 13,808 8,425 28,043 16,933 Sales and marketing 4,634 2,557 8,922 5,030 General and administrative 5,526 5,294 11,044 9,912 Bad debt expense 2,554 2,191 5,269 3,627 Research and development 323 99 523 223 --- --- --- --- Operating expenses 13,037 10,141 25,758 18,792 ------ ------ ------ ------ Income (loss) from operations 771 (1,716) 2,285 (1,859) Interest expense, net 742 2,557 3,912 3,348 --- ----- ----- ----- Income (loss) from continuing operations before income taxes 29 (4,273) (1,627) (5,207) Income tax expense - 6 - 6 Income from discontinued operations, net of tax - - 1,500 - --- --- ----- --- Net income (loss) 29 (4,279) (127) (5,213) Series A Preferred Stock beneficial conversion feature (4,290) - (4,290) - ------ --- ------ --- Net loss applicable to common stockholders $(4,261) $(4,279) $(4,417) $(5,213) ======= ======= ======= ======= Net income (loss) per share applicable to common stockholders - Basic and diluted: Income from continuing operations $(0.06)
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SOURCE Clarient, Inc.
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