Luminex Corp. (LMNX) Reports In-Line Q1 EPS
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Luminex Corporation Reports First Quarter 2019 Financial Results
May 6, 2019 4:01 PM EDTAUSTIN, Texas, May 6, 2019 /PRNewswire/ -- Luminex Corporation (NASDAQ: LMNX) today announced financial results for the first quarter 2019. Financial and operating highlights for the quarter include:
First quarter consolidated revenue of $82.4 million compared to the first quarter 2018 revenue of $82.7 million. In the first quarter, flow cytometry contributed revenue of approximately $11.4 million, offsetting the revenue loss of LabCorp Women's Health. Royalty revenue of $14.2 million grew 16% over the first quarter 2018. This reflects $149 million of royalty-bearing end user sales on Luminex technology, an increase of approximately 10% over the comparable period in 2018.... More