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Genoptix Reports Operating Results for the Third Quarter and First Nine Months of 2010
Date:11/4/2010

manage its future case load, and the Company's growth prospects. Forward-looking statements are based on management's current preliminary expectations and are subject to risks and uncertainties, which may cause the Company's results to differ materially and adversely from the statements contained herein. These risks and uncertainties are detailed in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and most recent Quarterly Report on Form 10-Q and subsequent filings with the United States Securities and Exchange Commission. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update any forward-looking statements to reflect new information, events, or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.

® AQUA is a registered trademark of HistoRX, Inc.

[Financial tables follow]GENOPTIX, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(unaudited)(in thousands, except per share data)Three Months Ended
September 30, Nine Months Ended
September 30, 2010 2009 2010 2009 Revenues

$
49,522$
50,807$
47,858$
35,294Cost of revenues

21,10418,40260,34950,603Gross profit

28,41832,40587,50984,691Operating expenses:Sales and marketing

10,2248,21731,07522,538General and administrative

8,4787,28725,94321,168Research and development

7205221,5291,049Total operating expenses

19,42216,02658,54744,755Income from operations

8,99616,37928,96239,936Interest and other income

2003347301,268Income before income taxes

9,19616,71329,69241,204Income tax expense

4,7997,25114,35017,926Net income

$
4,397$
9,462$
5,342$
23,278Net income per share:Basic

$
.25$
.55$
.88$
.38Diluted

$
.24$
.53$
.84$
.30Shares used to compute net income per share:B
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SOURCE Genoptix, Inc.
Copyright©2010 PR Newswire.
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