Luminex Corp. (LMNX) Tops Q1 EPS by 21c, Raises FY Revenue Guidance

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Go back to Luminex Corp. (LMNX) Tops Q1 EPS by 21c, Raises FY Revenue Guidance

Luminex (LMNX) PT Raised to $21 at Jefferies Following 1Q Beat

May 2, 2017 8:49 AM EDT

Jefferies raised its price target on Luminex (NASDAQ: LMNX) to $21.00 (from $20.00) while maintaining a Hold rating. 1Q17 non-GAAP EPS of 28c was 12c ahead of estimates on much stronger revenue growth and profitability, partially boosted by order timing. 1Q revenues of $77.8M handily... More