Luminex Corp. (LMNX) Tops Q1 EPS by 4c, Revenues Beat; FY20 Outlook: 'Confident We Will Beat Top End of Current Revenue Guidance'

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Luminex Corporation Reports First Quarter 2020 Results

May 4, 2020 4:05 PM EDT

AUSTIN, Texas, May 4, 2020 /PRNewswire/ -- Luminex Corporation (Nasdaq: LMNX) today announced results for its first quarter ended March 31, 2020.

All amounts in this release are in conformity with U.S. generally accepted accounting principles ("GAAP").

CURRENT HIGHLIGHTS

Total revenue for the first quarter of $90.4M, a 10% increase over Q1 2019 Molecular Diagnostic revenue for the quarter of $45.2M, up 28% over Q1 2019 Sample-to-answer MDx revenue of $26.3M, up 38% over Q1 2019 Non-Automated MDx revenue of $18.9M, up 17% over Q1... More