Illumina Reports Financial Results for Third Quarter of Fiscal Year 2015

Canaccord Genuity Reiterates Buy After Illumina (ILMN) Releases 3Q Preliminary Results

Canaccord Genuity reiterated a Buy rating and $250.00 price target on Illumina (NASDAQ: ILMN) after the company released preliminary 3Q earnings results. ILMN reported preliminary revenues of ~$550M vs. the Streets $569M, citing weakness in Asia and Europe and desktop sequencers.

Analyst Mark... More

Illumina's (ILMN) 3Q In-Line with Preliminary Results; Piper Jaffray Remains Bullish

Piper Jaffray maintained an Overweight rating on Illumina (NASDAQ: ILMN), and cut the price target to $219.00 (from $220.00), following the company's 3Q15 earnings report. ILMN reported revenue increasing 14.5% to $550.3M, in line with preliminary results (~$550M) and EPS of $0.80, beating the Street's $0.79 estimate.

Analyst William... More

Mizuho Securities Remains Neutral Following Illumina's (ILMN) 3Q Report

Mizuho Securities reiterated a Neutral rating and $150.00 price target on Illumina (NASDAQ: ILMN) following the company's 3Q earnings results.

Analyst Eric Criscuolo commented, "We are reiterating our Neutral rating ($150 PT). ILMN had negatively preannounced 3Q results, but commentary from the conference call... More

Mizuho Securities Remains Neutral Following Illumina's (ILMN) 3Q Report

Mizuho Securities reiterated a Neutral rating and $150.00 price target on Illumina (NASDAQ: ILMN) following the company's 3Q earnings results.

Analyst Eric Criscuolo commented, "We are reiterating our Neutral rating ($150 PT). ILMN had negatively preannounced 3Q results, but commentary from the conference call... More

Illumina (ILMN) Tops Q3 EPS by 1c

Illumina (NASDAQ: ILMN) reported Q3 EPS of $0.80, $0.01 better than the analyst estimate of $0.79. Revenue for the quarter came in at $550 million versus the consensus estimate of $556.07 million.

Illumina sees Q4 2015 EPS of $0.78-$0.80, versus the consensus of $0.87.

Illumina sees FY2015 EPS of... More