First Analysis Downgrades Illumina (ILMN) to Underweight

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Illumina Reports Full Financial Results for Third Quarter of Fiscal Year 2016

November 1, 2016 4:07 PM EDT

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

Third quarter 2016 results:

As previously announced on October 10, 2016, revenue of $607 million, a 10% increase compared to $550 million in the third quarter of 2015 GAAP net income attributable to Illumina stockholders for the quarter of $129 million, or $0.87 per diluted share, compared to $118 million, or $0.79 per diluted share, for the third quarter of 2015 Non-GAAP net income attributable to Illumina stockholders for the... More