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Genomic Health Announces Second Quarter 2013 Financial Results and Business Progress
Date:7/31/2013

her income (expense), net(85)(73)(91)(145)Income (loss) before income taxes(2,939)1,839(3,769)2,712Income (loss) tax expense5538108135Net income (loss)$

(2,994)$

1,801$

(3,877)$

2,577Basic net income (loss) per share$

(0.10)$

0.06$

(0.13)$

0.09Diluted net income (loss) per share$

(0.10)$

0.06$

(0.13)$

0.08Shares used in computing basic net income (loss) per share30,30230,20430,23630,057Shares used in computing diluted net income (loss) per share30,30232,06430,23631,835 

(1)

Included in operating expenses for the second quarter of 2013 were non-cash charges of $5.7 million, including $4.1 million of stock-based compensation expense and $1.6 million of depreciation and amortization expenses, compared with non-cash charges for the same period in 2012 of $5.0 million, including $3.7 million of stock-based compensation expense and $1.3 million of depreciation and amortization expenses.(2)

Included in operating expenses for the six months ended June 30, 2013 were non-cash charges of $11.6 million, including $8.5 million of stock-based compensation expense and $3.1 million of depreciation and amortization expenses, compared with non-cash charges for the same period in 2012 of $10.2 million, including $7.4 million of stock-based compensation expense and $2.8 million of depreciation and amortization expenses. GENOMIC HEALTH, INC.Condensed Consolidated Balance Sheets(In thousands)As of June 30,
2013As of December 31,
2012(Unaudited)Cash and cash equivalents$

32,822$

18,005Short-term marketable securities 74,42881,060Accounts receivable, net 26,69022,253Prepaid expenses and other current assets8,7818,891Total current assets142,721130,209Property and equipment, net15,46814,104Other assets9,4689,421Total assets$

167,657$

153,734Accounts payable$


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SOURCE Genomic Health, Inc.
Copyright©2012 PR Newswire.
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