Illumina (ILMN) Reports In-Line Q1 EPS; Issues Mixed Outlook

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Illumina Reports Financial Results for First Quarter of Fiscal Year 2017

April 25, 2017 4:05 PM EDT

Successful NovaSeq launch, with more than 135 instruments ordered in the first quarter

SAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the first quarter of fiscal year 2017.

First quarter 2017 results:

Revenue of $598 million, a 5% increase compared to $572 million in the first quarter of 2016 GAAP net income attributable to Illumina stockholders for the quarter of $373 million, or $2.52 per diluted share, including the impact of a pre-tax gain of $453 million as a result of the GRAIL repurchase of... More