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Luminex Q1 revenue misses views, earnings down 78%

May 06, 2019 4:28 PM ETLuminex Corporation (LMNX) StockBy: Douglas W. House, SA News Editor
  • Luminex (NASDAQ:LMNX) Q1 results ($M): Revenues: 82.4 (-0.4%); system sales: 15.7 (+98.7%); assays: 34.8 (-24.0%).
  • Net income: 3.0 (-77.6%); EPS: 0.07 (-76.7%).
  • Cash flow ops: (7.1) (-150.7%).
  • Q2 guidance: Revenues: $80M - 83M.
  • 2019 guidance: Revenues: $337M - 343M (unch).
  • Previously: Luminex EPS in-line, misses on revenue (May 6)

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