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

ressive investments in our Project ARIES system and our sales and marketing footprint in support of the direct sales model for our molecular diagnostic market segment."

 LUMINEX CORPORATIONREPORTABLE SEGMENT HIGHLIGHTS(in thousands, except percentages)Three Months EndedJune 30,Variance20132012($)(%)(unaudited)RevenueTechnology and strategic partnerships

$31,148$29,565$1,5835%Assays and related products

23,13918,7084,43124%Total Revenue

54,28748,2736,01412%Operating income (loss)Technology and strategic partnerships

6,3947,290(896)-12%Assays and related products

(1,353)(804)(549)-68%Total Operating income (loss)

5,0416,486(1,445)-22%Six Months EndedJune 30,Variance20132012($)(%)(unaudited)RevenueTechnology and strategic partnerships

$63,017$59,774$3,2435%Assays and related products

44,47037,2267,24419%Total Revenue

107,48797,00010,48711%Operating income (loss)Technology and strategic partnerships

14,07514,520(445)-3%Assays and related products

(10,586)(2,426)(8,160)-336%Total Operating income (loss)

3,48912,094(8,605)-71% 

FINANCIAL OUTLOOK AND GUIDANCE The Company reaffirms its 2013 annual revenue guidance of between $220 and $230 million although we expect a challenging reimbursement environment near-term for select molecular diagnostic tests that could weigh on overall corporate performance, as considered in the lower end of this revenue range.

CONFERENCE CALL Management will host a conference call to discuss the operating highlights and financial results for the second quarter ended June 30, 2013, on Monday, July 29, 2013, at 4:00 p.m. Central time/ 5:00 p.m. Eastern 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://www.luminexcorp.com.  Simply log on to th
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SOURCE Luminex Corporation
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