Illumina Raises Earnings Guidance - Quick Facts

(RTTNews) - Illumina, Inc. (ILMN) announced, for fiscal 2017, the company now projects approximately 13% revenue growth from fiscal 2016, and non-GAAP earnings per share of $3.73 to $3.78. The company previously projected approximately 12% revenue growth; and non-GAAP earnings per share of $3.60 to $3.70.

Third-quarter non-GAAP net income attributable to stockholders was $163 million, or $1.11 per share, compared to $144 million, or $0.97 per share, for the third quarter of 2016. Revenue was $714 million, an 18% increase compared to $607 million in the third quarter of 2016.