Luminex Corp. (LMNX) Tops Q4 EPS by 8c

February 10, 2020 4:04 PM EST

Luminex Corp. (NASDAQ: LMNX) reported Q4 EPS of $0.07, $0.08 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $90.5 million versus the consensus estimate of $90.6 million.

"Our successful transformation continues. We delivered a strong fourth quarter by growing revenues both sequentially and year-over-year, with a return to profitability," said Nachum "Homi" Shamir, President & CEO. \"I am very pleased with the significant progress we are making. Looking forward, exciting new products with unique features and the effective execution we have shown with our current portfolio support a return to accelerated organic growth. We are well positioned to achieve our target of $500M of annual organic revenue, profitability, and strong positive cash flow in the next few years."

For earnings history and earnings-related data on Luminex Corp. (LMNX) click here.



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