Luminex Corp. (LMNX) Tops Q1 EPS by 10c

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Go back to Luminex Corp. (LMNX) Tops Q1 EPS by 10c

Luminex Corporation Reports First Quarter 2018 Financial Results

May 7, 2018 4:01 PM EDT

AUSTIN, Texas, May 7, 2018 /PRNewswire/ -- Luminex Corporation (Nasdaq: LMNX) today announced financial results for the first quarter of 2018.  Financial and operating highlights for the quarter include:

First quarter 2018 consolidated revenue was $82.7 million, an increase of 6% compared to the first quarter 2017. First quarter 2018 GAAP net income was $13.4 million, or $0.30 per diluted share, growth of 45% and 43% respectively, over the prior year quarter. Assay revenue was $45.8 million for the quarter ended March 31, 2018, representing a 23% increase over assay revenue for the first quarter 2017. Total sample-to-answer molecular product revenue... More