29.01.2019 22:15:22

Illumina Inc. Q4 adjusted earnings Miss Estimates

(RTTNews) - Illumina Inc. (ILMN) announced earnings for its fourth quarter that advanced from last year.

The company's earnings totaled $210 million, or $1.41 per share. This compares with $68 million, or $0.46 per share, in last year's fourth quarter.

Excluding items, Illumina Inc. reported adjusted earnings of $197 million or $1.32 per share for the period.

Analysts had expected the company to earn $1.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.4% to $867 million from $778 million last year.

Illumina Inc. earnings at a glance:

-Earnings (Q4): $197 Mln. vs. $212 Mln. last year. -EPS (Q4): $1.32 vs. $1.44 last year. -Analysts Estimate: $1.36 -Revenue (Q4): $867 Mln vs. $778 Mln last year.

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