Illumina Reports Financial Results for Third Quarter of Fiscal Year 2018
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Illumina (ILMN) PT Raised to $384 at Piper Jaffray Following 3Q
October 24, 2018 8:46 AM EDTPiper Jaffray analyst William Quirk raised the price target on Illumina (NASDAQ: ILMN) to $384.00 (from $380.00) while maintaining a Overweight rating following the company's 3Q earnings report. ILMN shares are indicated ~flat on 20% revenue growth to $853M vs the Street's $828M estimate. Higher... More
Illumina (ILMN) Tops Q3 EPS by 26c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus
October 23, 2018 4:07 PM EDTIllumina (NASDAQ: ILMN) reported Q3 EPS of $1.52, $0.26 better than the analyst estimate of $1.26. Revenue for the quarter came in at $853 million versus the consensus estimate of $828.59 million.
Illuminas strong performance in the third quarter of 2018 reflected growth across our sequencing and arrays portfolios, said Francis deSouza, President and CEO. Sequencing system revenue of $138 million was... More
