Luminex Corp. (LMNX) Tops Q3 EPS by 15c

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Luminex Corporation Reports Third Quarter 2017 Financial Results

October 30, 2017 4:05 PM EDT

AUSTIN, Texas, Oct. 30, 2017 /PRNewswire/ -- Luminex Corporation (Nasdaq: LMNX) today announced financial results for the third quarter of 2017.  Financial and operating highlights for the quarter include the following:

Consolidated revenue of $74.1 million, an increase of 4% compared to the third quarter 2016. Assay revenue was $37.9 million for the quarter ended September 30, 2017, representing a 17% increase over assay revenue for the third quarter of 2016. Total sample-to-answer molecular product revenue of $11.9 million; growth of 55% compared to $7.7 million in the third quarter of 2016. Placed 60 sample-to-answer molecular systems under contract,... More