Cancer Genetics Inc (CGIX)

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Cancer Genetics, Inc. Announces Strong Third Quarter and Year-to Date 2015 Results






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Third Quarter Revenues up 24 Percent Year-over-Year




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Revenues for Nine Months Ended September 30, 2015 up 104 Percent Year-over-Year




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Gross Profit Margins Doubled for the First Nine Months of 2015 to 26% from 13% for the First Nine Months of 2014




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Closed on Acquisition of Operations & Assets of Response Genetics, Inc. (RGI)




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Expected to Add An Additional $10-$12 Million in Annual Revenue




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Provides Opportunity to Add & Accelerate Additional Contracts for Clinical Trials




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Priced Public Offering Expected to Result in Gross Proceeds of $12 Million to CGI