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Genoptix Reports Continued Strong Growth for the Second Quarter and First Half of 2009
Date:7/30/2009

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                                    GENOPTIX, INC.
                   CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                     (unaudited)
                                    (in thousands)

                                                             Six Months Ended
                                                                 June 30,
                                                                 --------
                                                              2009     2008
                                                              ----     ----
    Operating activities:
      Net income                                           $13,816   $10,578
      Adjustments to reconcile net income to net cash
       provided by operating activities:
        Depreciation and amortization                        1,666       497
        Provision for doubtful accounts                      2,230     1,458
        Stock-based compensation expense                     4,761     3,208
        Excess tax benefits from stock-based
         compensation awards                                (1,585)      (80)
        Amortization of premium (discount) on
         investment securities, net                             78       (15)
        Deferred taxes                                         (29)        -
        Loss (gain) on sale of property and equipment            6       (19)
      Changes in operating assets and liabilities:
        Accounts receivable                                 (8,024)   (5,519)
        Other current and long-term assets                    (159)     (368)
        Accounts payable and accrued expenses                  559     1,557
        Accrued compensation                                 2,191     1,821
        Income taxes                                         2,414      (160)
        Deferred revenues                      
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SOURCE Genoptix, Inc.
Copyright©2009 PR Newswire.
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11. Genoptix Announces the Addition of New Members to Board of Directors
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