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Luminex Corporation Reports Second Quarter 2014 results
Date:7/28/2014

em sales

$  14,704$  14,204$   5004%Consumable sales

25,39723,6471,7507%Royalty revenue

19,52518,6878384%Assay revenue

41,54640,0231,5234%All other revenue

11,02110,926951%$112,193$107,487$4,7064%"In spite of the substantial investments that the Company is making in R&D, our product pipeline, and our direct sales channel, cash and cash equivalents have increased by 24 percent since year-end 2013 to $89.7 million," said Harriss T. Currie, senior vice president and chief financial officer. "Additionally, our effective tax rate for the quarter was favorably affected by the extinguishment of intercompany debt across several foreign jurisdictions and we now expect our full year 2014 effective tax rate to be less than 20 percent."

 LUMINEX CORPORATIONREPORTABLE SEGMENT HIGHLIGHTS(in thousands, except percentages)Three Months EndedJune 30,Variance20142013($)(%)(unaudited)RevenueTechnology and strategic partnerships

$33,388

SOURCE Luminex Corporation
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