Illumina (ILMN) Tops Q1 EPS by 44c; Guides Well Above Streert

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Illumina Reports Financial Results for First Quarter of Fiscal Year 2018

April 24, 2018 4:05 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the first quarter of fiscal year 2018.

First quarter 2018 results:

Revenue of $782 million, a 31% increase compared to $598 million in the first quarter of 2017 GAAP net income attributable to Illumina stockholders for the quarter of $208 million, or $1.41 per diluted share, compared to $367 million, or $2.48 per diluted share, for the first quarter of 2017; the prior year period included the impact of a pre-tax gain of $453 million as a result of the GRAIL repurchase of shares... More