Luminex logo

LMNX - Luminex News Story

$36.66 0.0  0.0%

Last Trade - 14/05/21

Mid Cap
Market Cap £1.23bn
Enterprise Value £1.22bn
Revenue £310.5m
Position in Universe 2345th / 6846

BUZZ-Luminex Corp: Drops on profit miss, dim topline outlook

Tue 5th February, 2019 4:27pm
** Luminex's shares  LMNX.O  slump 13.7 pct to $24.27 after
Q4 profit misses expectations and 2019 revenue forecast is below
    ** Q4 adj EPS $0.04 vs analysts' expectations of $0.09 
    ** Forecasts FY19 revenue between $337-$343 mln, the
mid-point of which is also below estimates
    ** In Q4, company closed the acquisition of EMD Millipore
Corp's flow cytometry portfolio, which it bought for $69.9 mln
in cash
    ** More than 626k shares traded, ~3 times their 25-day
moving avg
    ** Up to Monday's close, stock had risen ~6 pct 

 (Reporting by Yadarisa Shabong in Bengaluru)
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.