Mizuho Securities Remains Sidelined on Illumina (ILMN) Following 1Q Miss

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Illumina Reports Financial Results for First Quarter of Fiscal Year 2016

May 3, 2016 4:07 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the first quarter of fiscal year 2016.

First quarter 2016 results:

Revenue of $572 million, a 6% increase compared to $539 million in the first quarter of 2015, and an increase of 7% on a constant currency basis GAAP net income attributable to Illumina stockholders for the quarter of $90 million, or $0.60 per diluted share, compared to $137 million, or $0.92 per diluted share, for the first quarter of 2015 Non-GAAP net income attributable to Illumina... More