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Sequenom Reports Fourth Quarter and Full Year 2010 Financial Results
Date:3/8/2011

regulation particularly with respect to diagnostic products and laboratory developed tests, obtaining or maintaining regulatory approvals, ongoing litigation and investigations and other risks detailed from time to time in the Company's most recent Annual Report on Form 10-K and other documents subsequently filed with or furnished to the Securities and Exchange Commission. These forward-looking statements are based on current information that may change and you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statement to reflect events or circumstances after the issuance of this press release.SEQUENOM, Inc.Condensed Consolidated Financial Statements(in thousands, except per share data)Consolidated Summary of OperationsThree months endedFor the years endedDecember 31, December 31, 2010200920102009(unaudited)(unaudited)(audited)(audited)Revenues:Consumables$
5,800$
5,171$
22,019$  20,534MassARRAY and other product related6,0514,90720,40314,999Contract research services6835922,4832,209Diagnostic1,219942,55494Research and other-22-27Total revenues13,75310,78647,45937,863Costs and expenses:Cost of consumables, products, contract researchservices and diagnostics5,1745,34418,99614,570Research and development10,5069,96843,43137,454Selling and marketing7,9786,67828,38726,845General and administrative5,6946,26522,28028,127Litigation settlement, net6,536-55,384-Restructuring-106-1,589Total costs and expenses35,88828,361168,478108,585Loss from operations(22,135)(17,575)(121,019)(70,722)Gain (loss) on marketable securities, interest income(expense) and other, net(2)(886)165(173)Loss before income taxes(22,137)

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(18,461)(120,854)(70,895)Income tax benefit (expense)1155810(117)Net lo
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SOURCE Sequenom, Inc.
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