Illumina (ILMN) Misses Q4 EPS by 4c, FY Guidance Tops Views

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Illumina Reports Financial Results for Fourth Quarter and Fiscal Year 2018

January 29, 2019 4:05 PM EST

SAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the fourth quarter and fiscal year 2018.

Fourth quarter 2018 results:

Revenue of $867 million, an 11% increase compared to $778 million in the fourth quarter of 2017 GAAP net income attributable to Illumina stockholders for the quarter of $210 million, or $1.41 per diluted share, compared to $68 million, or $0.46 per diluted share, for the fourth quarter of 2017; GAAP earnings per share for the fourth quarter of 2017 included our provisional estimate of the one-time transition tax as a... More