Strong Consumables Growth Drives Luminex's Q4 Revenues up 8 Percent | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Luminex reported after the close of the market on Monday that revenues for its fourth quarter increased 8 percent, helped by a 49 percent increase in consumables-related revenues.

For the three months ended Dec. 31, 2010 total revenues for the Austin, Texas-based molecular diagnostics and multiplex instrument firm rose to $41.2 million, compared to $38.2 million a year ago. It beat consensus Wall Street estimates of $38.1 million in revenues for the quarter.

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