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Genoptix Reports Strong Full-Year Financial Results for 2008 and Raises Guidance for 2009
Date:2/26/2009

the basic and diluted net income per share amounts for the periods presented above. For calculations of the pro forma net income per share for the periods presented, see Note 1 in the notes to consolidated financial statements included in the Annual Report on Form 10-K. (2) For the three months ended December 31, 2007, $1,514 of the Company's net income of $4,674 was allocated to preferred stockholders for purposes of calculating net income per share pursuant to the terms of the preferred stock, resulting in $3,160 of net income allocable to common stockholders. For the year ended December 31, 2007, $10,036 of the Company's net income of $13,353 was allocated to preferred stockholders for purposes of calculating net income per share pursuant to the terms of the preferred stock, resulting in $3,317 of net income allocable to common stockholders. See Note 1 in the notes to consolidated financial statements included in the Annual Report on Form 10-K for an explanation of the method and amounts used in the computation of the per share amounts. GENOPTIX, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) December 31, 2008 2007 Assets Current assets: Cash and cash equivalents $38,108 $50,624 Short-term investment securities 64,830 34,836 Accounts receivable, net 15,604 9,013 Deferred tax asset 4,707 - Other current assets 2,179 1,409 Total current assets 125,428 95,882
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SOURCE Genoptix, Inc.
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