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

e the benefits of our acquisitions, as well as the risks discussed under the heading "Risk Factors" in Luminex's Reports on Forms 10-K and 10-Q, as filed with the Securities and Exchange Commission.  The forward-looking statements, including the financial guidance and 2012 outlook, contained herein represent the judgment of Luminex as of the date of this press release, and Luminex expressly disclaims any intent, obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in Luminex's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

 

Contacts:

Harriss T. Currie

Matthew ScaloVice President, Finance and Chief Financial Officer

Sr. Director, Investor Relations512-219-8020

512-219-8020hcurrie@luminexcorp.com

mscalo@luminexcorp.com  

 

 LUMINEX CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(in thousands)December 31,December 31,20122011(unaudited)ASSETSCurrent assets:Cash and cash equivalents

$
42,789$
58,282Restricted cash

-1,006Short-term investments

13,60742,574Accounts receivable, net

33,27323,016Inventories, net

29,93724,579Deferred income taxes

6,1485,991Prepaids and other

4,3883,529Total current assets

130,142158,977Property and equipment, net

26,22925,192Intangible assets, net

65,21829,437Deferred income taxes

12,81912,817Long-term investments

3,0006,151Goodwill

51,12842,763Other

8,4637,310Total assets

$
296,999$
282,647LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

$
9,650$
5,941Accrued liabilities

12,69011,047Deferred revenue

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SOURCE Luminex Corporation
Copyright©2012 PR Newswire.
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