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Endologix Reports 30% Third Quarter 2010 Revenue Growth
Date:10/27/2010

proposed acquisition of Nellix, the ability to successfully integrate Nellix's technology, and other economic, business, competitive, legal matters and regulatory factors. The Company undertakes no obligation to update its forward looking statements. Please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2009, and the Company's other filings with the Securities and Exchange Commission, for more detailed information regarding these risks and other factors that may cause actual results to differ materially from those expressed or implied.COMPANY CONTACT:

INVESTOR CONTACTS:Endologix, Inc.

The Ruth GroupJohn McDermott, CEO

Nick Laudico (646) 536-7030(949) 595-7200

Zack Kubow (646) 536-7020www.endologix.comENDOLOGIX, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSUnaudited(In thousands, except per share amounts)Three Months Ended
September 30,Nine Months Ended
September 30,2010

2009

2010

2009Revenue: Domestic revenue

$15,246

$11,296

$40,023

$32,882International revenue

2,628

2,481

7,985

5,897Total revenue

17,874

13,777

48,008

38,779 Cost of revenue

3,822

3,659

10,795

9,820Gross profit

14,052

10,118

37,213

28,959Operating expenses: Research, development and clinical

3,338

1,658

8,039

4,511 Marketing and sales

8,567

6,591

23,134

19,783   General and administrative

2,673

1,991

6,957

6,290Total operating expenses

14,578

10,240

38,130

30,584Loss from operations

(526)

(122)

(917)

(1,625)Other income (loss): Interest income (expense)

7

(48)

11

(153) Other income (expense)

53

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SOURCE Endologix, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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