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Genomic Health Announces Third Quarter 2010 Financial Results and Business Progress
Date:11/8/2010

Nine Months Ended September 30,September 30,2010

20092010

2009(Unaudited)(Unaudited)REVENUES:Product revenues

$
45,773

$
38,910$
28,553

$
7,529Contract revenues

544

6072,432

2,436Total revenues

46,317

39,517130,985

109,965OPERATING EXPENSES:Cost of product revenues

8,853

8,30125,927

24,019Research and development

8,180

9,12023,953

27,007Selling and marketing

17,336

15,31352,868

45,719General and administrative

8,561

7,31625,640

22,318Total operating expenses

42,930

40,050128,388

119,063Income (loss) from operations

3,387

(533)2,597

(9,098)Interest and other income

70

116219

591Interest and other expense

(2)

(22)(31)

(109)Income (loss) before income taxes

3,455

(439)2,785

(8,616)Income tax provision (benefit)

(215)

63182

454Net income (loss)

$
3,670

$
(502)$
2,603

$
(9,070)Basic net income (loss) per share

$
.13

$
(0.02)$
.09

$
(0.32)Diluted net income (loss) per share

$
.12

$
(0.02)$
.09

$
(0.32)Shares used to compute basic net income (loss) per share

28,832,280

28,579,04528,783,676

28,538,915Shares used to compute diluted net income (loss) per share

29,583,359

28,579,04529,625,008

28,538,915Genomic Health, Inc.Condensed Consolidated Balance Sheets(in thousands)As of

As ofSeptember 30, 2010

December 31, 2009(Unaudited)

(Unaudited)Cash and cash equivalents

$
23,616

$
9,082Short-term investments

46,095

48,366Accounts receivable, net

12,311

11,123Prepaid expenses and other current assets

5,539

5,677Total current assets

87,561'/>"/>

SOURCE Genomic Health, Inc.
Copyright©2010 PR Newswire.
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