Illumina (ILMN) Has Multiple Upgrade Opportunities, Maintain Overweight - Piper Jaffray

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Illumina Reports Financial Results for Fourth Quarter and Fiscal Year 2015

February 2, 2016 4:32 PM EST

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

Fourth quarter 2015 results:

Revenue of $592 million, a 15% increase compared to $512 million in the fourth quarter of 2014, and an increase of 19% on a constant currency basis GAAP net income attributable to Illumina stockholders for the quarter of $104 million, or $0.70 per diluted share, compared to $153 million, or $1.03 per diluted share, for the fourth quarter of 2014 Non-GAAP net income attributable to Illumina... More