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

$  29,674$  29,715$
(41)0%Assays and related products

25,86118,1547,70742%Total Revenue

55,53547,8697,66616%Operating income (loss)Technology and strategic partnerships

2,3254,239(1,914)-45%Assays and related products

4,930(307)5,2371706%Total Operating income

7,2553,9323,32385%Twelve Months EndedDecember 31,Variance20122011($)(%)(unaudited)RevenueTechnology and strategic partnerships

$121,032$127,779$(6,747)-5%Assays and related products

81,55056,56024,99044%Total Revenue

202,582184,33918,24310%Operating income (loss)Technology and strategic partnerships

15,04729,895(14,848)-50%Assays and related products

7,669(6,052)13,721227%Total Operating income

22,71623,843(1,127)-5%"In the fourth quarter, we experienced a healthy rebound in sales growth while maintaining tight cost controls, as demonstrated by both our gross and operating margins," said Harriss T. Currie, vice president and chief financial officer.  "Our 2013 revenue guidance takes into account our current progress combined with a cautiously optimistic view of the macro environment."

FINANCIAL OUTLOOK AND GUIDANCE The Company intends to provide annual revenue guidance, to be updated, as appropriate, at each quarterly reporting period. Guidance for fiscal 2013 is as follows:

  • The Company expects fiscal 2013 revenue to be between $220 million to $230 million, or an increase of between 9 to 14 percent over reported 2012 revenue.
  • CONFERENCE CALL Management will host a conference call to discuss the operating highlights and financial results for the fourth quarter ended December 31, 2012, on Monday, February 4, 2013, at 5:00 p.m. Eastern time / 4:00 p.m. Central time.  The conference call will be webcast live and will be accompanied by a slide presentation, both of which may be accessed at Luminex Corporation's website at http://w
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    SOURCE Luminex Corporation
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