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Illumina Inc Issues Q4 2012 Revenue Guidance In Line With Analysts' Estimates; Comments On Q4 2012 EPS Guidance; Comments On FY 2013 Revenue guidance-Confernece Call


Tuesday, 8 Jan 2013 04:30pm EST 

Illumina Inc announced that overall incoming orders were quite strong during the fourth quarter, and that drove fourth quarter 2012 unaudited revenue of approximately $309 million, first quarter ever over $300 million in revenue. With respect to EPS, it is tracking to the midpoint of projected range with the higher revenue effects being offset by the lack of the R&D tax credit which it is expected to have in the fourth quarter 2012, resulting in a year-over-year EPS growth of about 21%. In fiscal 2013, it is currently expecting revenue growth in the range of about 15%. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $302 million and EPS of $0.42 for the fourth quarter of 2012. 

Company Quote

171.03
-0.77 -0.45%
25 Jul 2014