Luminex Corp. (LMNX) Tops Q3 EPS by 9c; Boosts Outlook

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Luminex Corporation Reports Third Quarter 2016 Results; Raises Full Year Guidance

October 31, 2016 4:05 PM EDT

AUSTIN, Texas, Oct. 31, 2016 /PRNewswire/ -- Luminex Corporation (NASDAQ: LMNX) today announced financial results for the third quarter ended September 30, 2016.  Financial and operating highlights include the following:

Consolidated third quarter revenue of $71.2 million, an 18% increase compared to the third quarter of 2015.  In the third quarter, Nanosphere contributed revenue of $7.4 million, growth of more than 50% over year-ago period. GAAP net income for the third quarter was $2.8 million, or $0.06 per diluted share. Non-GAAP net income for the third quarter was $9.1 million, or $0.21 per diluted share... More