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Genoptix Reports Strong Financial Results for the Fourth Quarter and Full Year 2007
Date:2/12/2008

324 267

Long-term debt, net of current portion - 1,262

Commitments and contingencies

Stockholders' equity :

Preferred stock - 52

Common stock 16 -

Additional paid-in capital 132,532 59,362

Accumulated other comprehensive income 53 -

Accumulated deficit (41,996) (55,349)

Total stockholders' equity 90,605 4,065

Total liabilities and stockholders' equity $97,832 $10,202

GENOPTIX, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data)

Three Months Ended Years Ended

December 31, December 31,

2007 2006 2007 2006

(unaudited)(unaudited)

Revenues $18,562 $7,828 $59,332 $24,018

Cost of revenues 7,563 3,823 24,106 13,131

Gross profit 10,999 4,005 35,226 10,887

Operating expenses:

Sales and marketing expenses 3,780 2,127 11,649 6,264

General and administrative expenses 2,979 1,962 9,976 6,930

Research and development expenses 96 220 559 1,080

Impairment and lease exit costs - - - 542

Total operating expenses 6,855 4,309 22,184 14,816

Income (loss) from operations 4,144 (304) 13,042 (3,929)

Interest inc
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SOURCE Genoptix, Inc.
Copyright©2008 PR Newswire.
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