02.02.2016 22:42:12

Illumina Inc. Q4 Earnings Retreat 6%

(RTTNews) - Illumina Inc. (ILMN) released a profit for fourth quarter that retreated compared to the same period last year.

The company said its profit fell to $120.57 million, or $0.81 per share. This was lower than $128.95 million, or $0.87 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.82 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 15.5% to $591.55 million. This was up from $512.38 million last year.

Illumina Inc. earnings at a glance:

-Earnings (Q4): $120.57 Mln. vs. $128.95 Mln. last year. -Earnings Decline (Y-o-Y): -6.5% -EPS (Q4): $0.81 vs. $0.87 last year. -EPS Decline (Y-o-Y): -6.9% -Analysts Estimate: $0.82 -Revenue (Q4): $591.55 Mln vs. $512.38 Mln last year. -Revenue Change (Y-o-Y): 15.5%

-Guidance: Full year EPS guidance: $3.55 - $3.65

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