Luminex Corporation Reports Record First Quarter 2017 Financial Results; Raises 2017 Financial Guidance
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Luminex (LMNX) PT Raised to $21 at Jefferies Following 1Q Beat
May 2, 2017 8:49 AM EDTJefferies raised its price target on Luminex (NASDAQ: LMNX) to $21.00 (from $20.00) while maintaining a Hold rating. 1Q17 non-GAAP EPS of 28c was 12c ahead of estimates on much stronger revenue growth and profitability, partially boosted by order timing. 1Q revenues of $77.8M handily... More
Luminex Corp. (LMNX) Tops Q1 EPS by 21c, Raises FY Revenue Guidance
May 1, 2017 4:07 PM EDTLuminex Corp. (NASDAQ: LMNX) reported Q1 EPS of $0.28, $0.21 better than the analyst estimate of $0.07. Revenue for the quarter came in at $77.8 million versus the consensus estimate of $74.19 million.
GUIDANCE:
Luminex Corp. sees FY2017 revenue of $300-310 million, versus the consensus of $301.4... More
