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Strategies & Market Trends : The New Economy and its Winners

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From: Doren	4/21/2015 5:50:42 PM
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ILMN beats up 3% regular trading and roughly 4% after hours. finance.yahoo.com SAN DIEGO (AP) _ Illumina Inc. (ILMN) on Tuesday reported first-quarter net income of $136.7 million. The San Diego-based company said it had net income of 92 cents per share. Earnings, adjusted for one-time gains and costs, were 91 cents per share. The results topped Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. The genetic testing tools company posted revenue of $538.6 million in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $525 million.

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