Illumina (ILMN) Tops Q3 EPS by 25c

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Go back to Illumina (ILMN) Tops Q3 EPS by 25c

Illumina Reports Financial Results for Third Quarter of Fiscal Year 2020

October 29, 2020 4:05 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the third quarter of fiscal year 2020.

Third quarter 2020 results reflect strong sequential growth:

Revenue of $794 million, an increase of 26% compared to the second quarter of 2020 and a 12% decrease compared to $907 million in the prior year period GAAP net income attributable to Illumina stockholders for the quarter of $179 million, or $1.21 per diluted share, compared to $234 million, or $1.58 per diluted share, for the prior year period Non-GAAP net income attributable to Illumina... More