Luminex Corporation Provides Earnings Guidance for the Fourth Quarter of 2019; Provides Consolidated Revenue Guidance for the Year 2020; Reports Revenue Results for the Fourth Quarter and Full Year of 2019
The company anticipates being profitable in the fourth quarter of 2019.
The company reported revenue results for the fourth quarter and full year of 2019. The company reported total fourth quarter revenue of $90.4 million, an 11% increase over fourth quarter of 2018.
Total full year revenue of $334.6 million, up 6%; and up 19% without consideration of LabCorp revenue and including the effect of the Flow Cytometry acquisition. Sample-to-answer full year revenue was $75.7 million, up more than 20% against 2018, including contracting 200 additional systems.