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Transgenomic Reports Fourth Quarter Financial Results
Date:2/24/2010

638 - 638 --- --- --- --- 3,111 3,369 13,501 14,016 - - INCOME (LOSS) FROM OPERATIONS 277 (19) (1,896) (368) OTHER INCOME: Interest income 1 (5) 15 74 Other, net 7 (3) 3 12 8 (8) 18 86 INCOME (LOSS) BEFORE INCOME TAXES 285 (27) (1,878) (282) INCOME TAX EXPENSE 156 192 42 213 --- --- --- --- NET INCOME (LOSS) 129 (219) (1,920) (495) === ==== ====== ==== BASIC AND DILUTED INCOME (LOSS) PER SHARE: From continuing operations $0.00 $0.00 $(0.04) $(0.01) BASIC WEIGHTED AVERAGE SHARES OUTSTANDING 49,189,672 49,189,672 49,189,672 49,189,672 DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING 49,217,942 49,189,672 49,189,672 49,189,672
    
    
                        Transgenomic, Inc.
                    Summary Financial Results
      Unaudited Condensed Consolidated Statements of Cash Flows
                      (dollars in thousands)
    
                                                    Year Ended
                                                    December 31,
                                                 2009         2008
                                                 ----         ----
    NET CASH FLOWS PROVIDED BY (USED IN)
     OPERATING ACTIVITIES                      $1,267        $(
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SOURCE Transgenomic, Inc.
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