Luminex Corp. (LMNX) Misses Q4 EPS by 12c, Revenue Beats, Offers Guidance

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Go back to Luminex Corp. (LMNX) Misses Q4 EPS by 12c, Revenue Beats, Offers Guidance

Luminex Corporation Reports Fourth Quarter and Full-Year 2020 Results

February 8, 2021 4:01 PM EST

AUSTIN, Texas, Feb. 8, 2021 /PRNewswire/ -- Luminex Corporation (Nasdaq: LMNX) today announced results for its fourth quarter and full-year ended December 31, 2020.

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

CURRENT FINANCIAL HIGHLIGHTS

Record revenue for the fourth quarter of $111.4M, a 23% increase over Q4 2019, and record revenue for the year of $417.4M, up 25% vs. 2019, driven primarily by growth associated with the COVID-19 global pandemic Gross margins of 58% for the quarter and 59% for the full year, an... More