Illumina (ILMN) PT Lowered to $562 at Cowen

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Go back to Illumina (ILMN) PT Lowered to $562 at Cowen

Illumina Reports Financial Results for Fourth Quarter and Fiscal Year 2021

February 10, 2022 4:05 PM EST

SAN DIEGO, Feb. 10, 2022 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the fourth quarter and fiscal year 2021, which include the consolidated financial results of GRAIL.

Fourth quarter consolidated results:

Revenue of $1,198 million, a 26% increase compared to the prior year period GAAP net income for the quarter of $112 million, or $0.71 per diluted share, compared to $257 million, or $1.75 per diluted share, for the prior year period Non-GAAP net income for the quarter of $117 million, or $0.75 per diluted share, compared to $179... More