Illumina Reports Financial Results for First Quarter of Fiscal Year 2021
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Illumina (ILMN) Tops Q1 EPS by 51c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
April 27, 2021 4:16 PM EDTIllumina (NASDAQ: ILMN) reported Q1 EPS of $1.89, $0.51 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1 billion.
First quarter results reflect record revenue:
Revenue of $1,093 million, a 27% increase compared to the prior year periodGAAP net income for the quarter of $147 million, or $1.00 per diluted share, compared to $173 million, or $1.17 per diluted share, for the prior year periodNon-GAAP net income for the quarter of $278 million, or $1.89 per diluted share,... More