Bioscience

Luminex misses, reaffirms view

August 6, 2010

By Flinn Foundation

[Source: Daily Market News] – Luminex Corporation reported second-quarter fiscal 2010 after the market closed on August 5, with adjusted (excluding one-time items) earnings per share of 2 cents falling behind the Zacks Consensus Estimate of 5 cents while edging up from the year-ago earnings by a penny. Net income sank 27% year-over-year to roughly $0.9 million on account of higher costs and tax, which offset revenues.

For more information: Luminex Misses, Reaffirms View