Navigation Links
Luminex Corporation Reports Second Quarter 2013 Results
Date:7/29/2013

throp, president and chief executive officer of Luminex. "In addition, we surpassed a major milestone for the Company in the second quarter, delivering our 10,000th multiplexing analyzer to date.  The entire company is proud of this achievement," added Balthrop.

"Notwithstanding our success during the second quarter, the overall molecular diagnostic market began to experience a deceleration in the utilization of certain molecular assays. This is a result of administrative issues related to the reimbursement of certain tests included in the new molecular diagnostic code system established January 1, 2013 by the Centers for Medicare and Medicaid Services. A number of our lab customers have expended significant efforts in striving for a rapid resolution, nonetheless progress has been slow. While the situation remains fluid, we believe it is prudent to adjust our expectations for the second half of 2013 to account for this headwind," Balthrop concluded. REVENUE SUMMARY(in thousands, except percentages)Three Months EndedJune 30,Variance20132012($)(%)(unaudited)System sales

$
7,647$   8,386$
(739)-9%Consumable sales

11,75010,8029489%Royalty revenue

8,5787,71586311%Assay revenue

21,69917,5104,18924%All other revenue

4,6133,86075320%$   54,287$ 48,273$   6,01412%Six Months EndedJune 30,Variance20132012($)(%)(unaudited)System sales

$   14,204$ 15,384$  (1,180)-8%Consumable sales

23,64722,7029454%Royalty revenue

18,68715,9572,73017%Assay revenue

40,02334,8075,21615%All other revenue

10,9268,1502,77634%$ 107,487$ 97,000$ 10,48711% 

"We are pleased with the overall financial performance in the second quarter of 2013, especially as we continue to invest in our strategic priorities," said Harriss T. Currie, senior vice president and chief financial officer. "The 18% increase in operating expenses for the second quarter reflects agg
'/>"/>

SOURCE Luminex Corporation
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. Luminex Corporation Reports First Quarter 2012 Results
2. Luminex Corporation Announces Agreement to Acquire GenturaDx
3. Luminex Corporation Second Quarter Earnings Release Scheduled for July 30, 2012
4. Luminex Corporation Reports Second Quarter 2012 Results
5. Luminex Corporation and University Hospital of Wales Collaborate During Olympic Games
6. Luminex Corporation Awarded $11 Million Contract by Defense Threat Reduction Agency (DTRA)
7. Luminex Corporation Recognized as Best Technology Company in Austin
8. Luminex Corporation Hosts 10th Annual Planet xMAP Symposium in Monaco
9. Luminex Corporation To Present At Upcoming Investment Conferences In September
10. Luminex Corporation Reports Third Quarter 2012 Results
11. Luminex Corporation To Present At Leerink Swann Global Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/31/2014)... Mass. , July 31, 2014 /PRNewswire/ ... funding changes brought about by the Affordable ... reimbursement and prescribing of pharmaceutical therapies. The ... cover beneficiaries through new regulations and expanded ... occurring in the health exchanges—state-based marketplaces set ...
(Date:7/31/2014)... , July 31, 2014 Lazarus Effect, a ... interventional devices to facilitate removal of blood clots, announced ... the financing will support EU commercialization of several approved ... the Lazarus ReCover™ and Lazarus Cover™ in ... reflects investor confidence in the value of our novel, ...
(Date:7/31/2014)... COLORADO SPRINGS, Colo. , July 31, 2014 ... Company specializing in cannabis formulation-based drug development and ... has commenced production of multiple strains of cannabis ... scientific research to select the best strains for ... to bring the cannabis formulations to market for ...
Breaking Medicine Technology:Health Exchanges Drive Change In MCO Strategies And Physician Prescribing Decisions; Impact On Pharma Mixed 2Health Exchanges Drive Change In MCO Strategies And Physician Prescribing Decisions; Impact On Pharma Mixed 3Health Exchanges Drive Change In MCO Strategies And Physician Prescribing Decisions; Impact On Pharma Mixed 4Lazarus Effect Closes $5 Million Financing 2Cannabis Science Initiates Scientific Cultivation Programs to Test Multiple Strains of Cannabis to Obtain Extract Formulations for Clinical Drug Development Targeting Multiple Critical Ailments Starting with Cancer and Neurological Disorders 2
... Nov. 19 A recent Reuters article reported ... expect an industry increase as a result of broader insurance ... million additional Americans may begin receiving health care insurance coverage ... on the access" extended to the new enrollees according to ...
... , NEW YORK, Nov. 19 Delcath Systems, Inc. ... Delcath Percutaneous Hepatic Perfusion (PHP(TM)) System, a minimally invasive drug ... the liver, today reported on the Company,s recent progress. , ... our team has achieved many significant milestones as we move ...
Cached Medicine Technology:Delcath Systems Reports Substantial Progress 2Delcath Systems Reports Substantial Progress 3Delcath Systems Reports Substantial Progress 4
(Date:8/1/2014)... August 01, 2014 Surftech athletes Jack ... Oahu paddleboard World Championships this past weekend in Hawaii ... 3rd place finisher Zeb Walsh were all on stock ... of the race and athletes this year were treated ... making the course extremely challenging as well as very ...
(Date:8/1/2014)... 2014 iFitDress.com, a professional company of ... collection of 2014 silver bridesmaid dresses recently. ... to the latest fashion trends. What’s more, they are ... percent off. , iFitDress.com is one of the ... not only silver bridesmaid gowns, but also many other ...
(Date:7/31/2014)... over the age of 65 face numerous barriers to ... against poverty and higher rates of asthma with worse ... of Annals of Allergy, Asthma and Immunology , ... Asthma and Immunology (ACAAI), outlines the challenges faced by ... to improve their care. , "Allergists want ...
(Date:7/31/2014)... GA (PRWEB) July 31, 2014 Developer ... camera on its Ponce City Market project in ... historic Sears, Roebuck & Company building into best-in-class office, ... completion, OxBlue reviewed Jamestown’s experience with their construction webcam ... , Jamestown wanted a construction camera ...
(Date:7/31/2014)... In today’s world, a good night’s sleep ... and sleep apnea (a medical problem where the airway collapses ... partners of the rest they need to face their daily ... and 20 million people in the United States alone have ... treated; and of those treated, many cannot tolerate their prescribed ...
Breaking Medicine News(10 mins):Health News:Surftech Bark Commander Sweeps Molokai2Oahu Stock Paddleboard Division 2Health News:iFitDress.com: Beautiful Silver Bridesmaid Dresses at Promotional Prices 2Health News:Female baby boomers with asthma? You may need help 2Health News:Female baby boomers with asthma? You may need help 3Health News:OxBlue Construction Webcam Proves Valuable Tool for Developer, Consumers on Historic Ponce City Market Project 2Health News:OxBlue Construction Webcam Proves Valuable Tool for Developer, Consumers on Historic Ponce City Market Project 3Health News:Snoring: Bad for Relationships, Bad for Health 2Health News:Snoring: Bad for Relationships, Bad for Health 3
... ... radiography system aboard the Coast Guard Cutter HEALY (WAGB - 20) prior to its voyage ... ... of an iCR3600 computed radiography system aboard the Coast Guard Cutter HEALY (WAGB - 20) ...
... may ease pain, improve movement, study shows , SATURDAY, ... strengthen the wrist may ease the pain of tennis ... rubber bar to perform isolated eccentric wrist extensor strengthening ... and strength for one group of patients vs. another ...
... 11, 2009 The Natural Orifice Surgery Consortium ... of the American Society for Gastrointestinal Endoscopy (ASGE) ... Surgeons (SAGES), today announced Olympus, continuing commitment to ... therapy known as Natural Orifice Translumenal Endoscopic Surgery, ...
... With the two year ... provider, has seen a 70 percent increase in women booking themselves in for botox and fillers ... ... the smoking ban upon us (1st July 2009), SurgiCare, a leading UK cosmetic surgery ...
... , , TACOMA, Wash., July 10 Bridge ... that focuses on bringing life-saving dialysis to developing countries, announced ... Dialysis Center in the Philippines. Located in San Carlos, ... area, serving roughly 250,000 residents in the surrounding communities who ...
... July 10 Fitness Management Group, Inc. (the "Company"), ... announced that the Company has filed a voluntary petition ... the Bankruptcy Court for the Western District of North ... restructuring, Fuzion Investment Capital LLC, a Nevada Limited Liability ...
Cached Medicine News:Health News:iCRco Wins Government CR Contract with United States Coast Guard 2Health News:iCRco Wins Government CR Contract with United States Coast Guard 3Health News:NOSCAR increases NOTES research with Olympus Medical Systems Corporation grant 2Health News:UK Smoking Ban Fuels Rise In Surgery 2Health News:U.S. Non-Profit Announces Opening of Life-Saving Dialysis Facility in Philippines 2Health News:U.S. Non-Profit Announces Opening of Life-Saving Dialysis Facility in Philippines 3Health News:Fitness Management Group, Inc. Approves Sale of the Company 2
... is an internationally known brand famous ... The ophthalmic collection offers chic and ... creativity in titanium, metal and plastic ... unique styling with trendy shapes and ...
... The license agreement between Brook ... to 1993. Characterized by lightweight materials ... Brothers collections reflect the unique features ... brand. A product with classic style ...
... style. Creativity and cutting-edge design. Dolce & ... a new licensing agreement in October 2005.The ... 1985 by the famous designer duo, Domenico ... with their Mediterranean roots to create the ...
Michael Kors eyewear delivers chic American style, updated for today's discerning high-end consumer.,Made from the finest materials, the eyewear collection artfully mixes textures and fabrications, c...
Medicine Products: