By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Luminex reported after the close of the market yesterday that its third-quarter revenues increased 16 percent, though it reported a drop in system sales.

The Austin, Texas-based manufacturer of multiplex instruments and diagnostic assays reported total revenues of $33.9 million for the three-month period ended Sept. 30, compared to revenues of $29.1 million for the third quarter of 2009. The results fell short of Wall Street's consensus estimate of $35.4 million.

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