Illumina (ILMN) Tops Q4 EPS by 12c, FY EPS Guidance Misses Consensus

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Illumina Reports Financial Results for Fourth Quarter and Fiscal Year 2020

February 11, 2021 4:05 PM EST

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

Record fourth quarter revenue reflects a strong close to 2020:

Revenue of $953 million, an increase of 20% compared to the third quarter of 2020 and $0.5 million higher compared to the prior year period GAAP net income attributable to Illumina stockholders for the quarter of $257 million, or $1.75 per diluted share, compared to $239 million, or $1.61 per diluted share, for the prior year period Non-GAAP net income attributable to Illumina... More