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Over-reaction to the extreme :“ In the last quarter the company said revenue fell 1 percent to $235.5 million from $237.3 million reported in the third quarter of 2010. ““ When one-time costs and expenses are excluded the company earned $29.7 million, 22 cents per share. Analysts polled by FactSet expected earnings per share of 23 cents. ““ The company said it expects revenue to increase sequentially next quarter as it rolls out its next-generation, lower-cost MiSeq gene sequencing device. “http://finance.yahoo.com/news/Illumina-reports-lower-profit-apf-3918551560.html?x=0&.v=1
good companies like ILMN are being pushed down.A penny lower was nothing but the PR team did a crummy job on outlook