Illumina (ILMN) Tops Q1 EPS by 51c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
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Illumina Reports Financial Results for First Quarter of Fiscal Year 2021
April 27, 2021 4:05 PM EDTSAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the first quarter of fiscal year 2021.
First quarter results reflect record revenue:
Revenue of $1,093 million, a 27% increase compared to the prior year period GAAP 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 period Non-GAAP net income for the quarter of $278 million, or $1.89 per diluted share, compared to $243 million, or $1.64 per diluted share, for the prior year period. Non-GAAP... More