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WKN: 927079 / ISIN: US4523271090

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23.10.2018 22:16:05

Illumina Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Illumina Inc. (ILMN) announced a profit for its third quarter that rose from the same period last year.

The company's profit totaled $199 million, or $1.33 per share. This compares with $163 million, or $1.11 per share, in last year's third quarter.

Excluding items, Illumina Inc. reported adjusted earnings of $227 million or $1.52 per share for the period.

Analysts had expected the company to earn $1.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.5% to $853 million from $714 million last year.

Illumina Inc. earnings at a glance:

-Earnings (Q3): $227 Mln. vs. $163 Mln. last year. -EPS (Q3): $1.52 vs. $1.11 last year. -Analysts Estimate: $1.26 -Revenue (Q3): $853 Mln vs. $714 Mln last year.

-Guidance: Full year EPS guidance: $5.70 - $5.75

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