Illumina Inc Raises FY 2013 Guidance

Tuesday, 23 Jul 2013 04:05pm EDT 

Illumina Inc announced that it is raising its guidance for fiscal 2013. For fiscal 2013 the Company is projecting approximately 20% revenue growth and non-GAAP earnings per fully diluted share (EPS) of $1.68 to $1.72, including the impact of the Verinata and Advanced Liquid Logic acquisitions. The Company reported revenue of $1.149 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $1.355 billion and EPS of $1.67 for fiscal 2013. 

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