Luminex Corp. (LMNX) Tops Q2 EPS by 18c; Raises Outlook
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Luminex Corporation Reports Second Quarter 2016 Results
July 28, 2016 4:07 PM EDTAUSTIN, Texas, July 28, 2016 /PRNewswire/ --Â Luminex Corporation (NASDAQ: LMNX) today announced financial results for the second quarter ended June 30, 2016. Â Financial and operating highlights for the quarter include the following:
Consolidated second quarter revenue of $64.2 million, a 9% increase compared to the second quarter of 2015. GAAP net income for the second quarter was $5.7 million, or $0.13 per diluted share. Non-GAAP net income for the second quarter was $14.1 million, or $0.33 per diluted share (see Non-GAAP reconciliation). On June 30, we completed the acquisition on Nanosphere, Inc., a leading... More