Piper Jaffray Remains Bullish on Illumina (ILMN) Following EPS Beat

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Illumina Reports Financial Results for Second Quarter of Fiscal Year 2015

July 21, 2015 4:05 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the second quarter of fiscal year 2015.

Second quarter 2015 results:

Revenue of $539 million, a 21% increase compared to $448 million in the second quarter of 2014, and an increase of 25% on a constant currency basis GAAP net income for the quarter of $102 million, or $0.69 per diluted share, compared to $47 million, or $0.31 per diluted share, for the second quarter of 2014 Non-GAAP net income for the quarter of $120 million, or $0.80 per diluted... More

Illumina Names Sanjay Chikarmane as Senior Vice President and General Manager of Enterprise Informatics

July 20, 2015 4:05 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Illumina Inc. (NASDAQ: ILMN) today announced that Sanjay Chikarmane has been named Senior Vice President and General Manager of Illuminas Enterprise Informatics business. Chikarmane will lead the development and commercialization of products and services aimed at turning genomic data into actionable information for researchers and clinicians. He will report to Illumina President, Francis deSouza.

Given the growing data intensive demands of the genomics market, we felt it critical to bring in a group leader dedicated to driving our informatics strategy, said Francis deSouza, President of Illumina. Sanjay is an... More