Illumina (ILMN) Tops Q2 EPS by 52c, Updates Guidance

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Illumina Reports Financial Results for Second Quarter of Fiscal Year 2021

August 5, 2021 4:05 PM EDT

SAN DIEGO, Aug. 5, 2021 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the second quarter of fiscal year 2021.

Second quarter results reflect record revenue:

Revenue of $1,126 million, a 78% increase compared to the prior year period GAAP net income for the quarter of $185 million, or $1.26 per diluted share, compared to $47 million, or $0.32 per diluted share, for the prior year period Non-GAAP net income for the quarter of $276 million, or $1.87 per diluted share, compared to $92 million, or $0.62 per diluted share, for the prior year... More