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NeoGenomics Announces Results for the Second Quarter of Fiscal Year 2008
Date:7/31/2008

Months Months Six-Months Six-Months

Ended Ended Ended Ended

June 30, June 30, June 30, June 30,

2008 2007 2008 2007

REVENUE $ 4,881,402 $ 2,344,032 $ 9,044,164 $ 4,586,694

COST OF REVENUE 2,183,758 1,165,813 4,042,231 2,102,546

GROSS PROFIT 2,697,644 1,178,219 5,001,933 2,484,148

OPERATING EXPENSES:

Selling, general and

administrative 2,556,121 2,059,166 5,070,676 3,485,713

Interest (income)

expense, net 69,246 92,556 124,342 191,480

Total operating

expenses 2,625,367 2,151,722 5,195,018 3,677,193

NET INCOME (LOSS) $ 72,277 $ (973,503) $ (193,085)$(1,193,045)

NET INCOME (LOSS) PER

SHARE

- Basic $ 0.00 $ (0.03) $ (0.01) $ (0.04)

- Diluted $ 0.00 $ (0.03) $ (0.01) $ (0.04)

WEIGHTED AVERAGE NUMBER

OF SHARES OUTSTANDING -

Basic 31,367,144 28,941,466 31,383,824 28,160,643

Diluted 38,243,857 28,941,466 31,383,824 28,160,643

NeoGenomics, Inc.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

For the For the

Six-Months Six-Months

Ended Ended

June 30, June 30,

2008 2007

NET CASH USED IN OPERATING ACTIVITIES $ (521,601) $(1,5
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SOURCE NeoGenomics, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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