Genoptix, Inc. Reports Continued Strong Growth for the Second Quarter and First Half of 2009

CARLSBAD, Calif., July 30 /PRNewswire-FirstCall/ -- Genoptix, Inc. (Nasdaq: GXDX - News), a specialized laboratory services provider, today reported revenues of $45.3 million for the second quarter of 2009, which includes a $3.7 million benefit from changes in accounting estimates resulting primarily from strong cash collections related to prior periods. Second quarter revenue increased 62.8% over revenues of $27.8 million for the comparable period in 2008, which included a $864 thousand benefit from changes in accounting estimates resulting primarily from cash collections related to prior periods.
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