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Luminex Corporation Reports Fourth Quarter And Full Year 2012 Results
Date:2/4/2013

ng focus on providing our customers with innovative, first-to-market assays that make a difference to patient outcomes. 2013 will be similar, as we received FDA clearance for our xTAG Gastrointestinal Pathogen Panel (GPP) in early January. This molecular diagnostic assay tests for greater than 90% of bacterial, viral, and parasitic causes of infectious gastroenteritis, a worldwide market we estimate at over $150 million. We believe this important assay will contribute meaningfully to the company's long-term growth," said Patrick J. Balthrop, president and chief executive officer of Luminex."We are also excited about the company taking its next evolutionary step forward in serving our molecular diagnostic customers directly. We have planned this transition for some time and I am confident in our ability to execute on this plan. So with this powerful combination of unique platforms, differentiated test menu, a strong direct sales force and our focus on the customer, we are excited about the prospects in 2013 and beyond," Balthrop concluded. REVENUE SUMMARY(in thousands, except percentages)Three Months EndedDecember 31,Variance20122011($)(%)(unaudited)System sales

$
7,149$  10,449$ (3,300)-32%Consumable sales

12,41210,0932,31923%Royalty revenue

7,5137,0874266%Assay revenue

23,77416,4017,37345%All other revenue

4,6873,83984822%$  55,535$  47,869$  7,66616%Twelve Months EndedDecember 31,Variance20122011($)(%)(unaudited)System sales

$  31,083$  35,901$ (4,818)-13%Consumable sales

48,01255,457(7,445)-13%Royalty revenue

31,16029,2051,9557%Assay revenue

75,02048,67026,35054%All other revenue

17,30715,1062,20115%$202,582$184,339$18,24310% 

 LUMINEX CORPORATIONREPORTABLE SEGMENT HIGHLIGHTS(in thousands, except percentages)Three Months EndedDecember 31,Variance20122011($)(%)(unaudited)RevenueTechnology and strategic partnerships


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