Illumina (ILMN) Prelim. Q1 Revenue Tops Consensus
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Illumina Announces Preliminary Revenue for First Quarter Fiscal Year 2021
April 5, 2021 4:30 PM EDTUpdates Fiscal Year 2021 Revenue Guidance
SAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced preliminary revenue for the first quarter of fiscal year 2021 and updated its fiscal year 2021 revenue guidance. Subject to quarter-end closing adjustments, Illumina expects to report first quarter 2021 revenue of approximately $1,085 million, compared to $859 million in the first quarter of 2020. This represents year-over-year revenue growth of approximately 26% for the quarter. For fiscal year 2021, Illumina now expects year-over-year revenue growth in the range of 25%-28% compared to fiscal year 2020.
The companys record preliminary... More
