Illumina (ILMN) Tops Q3 EPS by 32c, Offers Guidance

Go back to Illumina (ILMN) Tops Q3 EPS by 32c, Offers Guidance

Illumina Reports Financial Results for Third Quarter of Fiscal Year 2021

November 4, 2021 4:05 PM EDT

SAN DIEGO, Nov. 4, 2021 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the third quarter of fiscal year 2021, which include the consolidated financial results of GRAIL.

Third quarter consolidated results:

Revenue of $1,108 million, a 40% increase compared to the prior year period GAAP net income for the quarter of $317 million, or $2.08 per diluted share, which included a $900 million gain from our previously held investment in GRAIL and $654 million in day one compensation expense related to the GRAIL acquisition. This compared to... More