DALLAS, Nov. 3, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Illumina Inc. (Nasdaq:ILMN - News). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Illumina Inc. (Nasdaq:ILMN - News) should be of particular interest to other biotechnology companies:
The full report is available at: http://www.stockpreacher.com/n/ILMN
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Illumina Inc. (ILMN) is a developer, manufacturer and marketer of integrated systems for the large-scale analysis of genetic variation and biological function. The Company provides a comprehensive line of products and services that serve the sequencing, genotyping and gene expression markets. It also, develops and commercializes sequencing technologies used to perform a range of analyses, including whole genome re-sequencing, gene expression analysis and small ribonucleic acid (RNA) analysis.
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In the report, the analyst notes:
"For the third quarter of 2009, the Company reported revenue of $158.4 million, a 5% increase over the $150.3 million reported in the third quarter of 2008. Product revenue was $150 million, growing 7% over the prior-year period led by significant growth in sequencing products. Consumables revenue for the quarter was $87 million compared to $90 million in the third quarter of 2008, which represents a year-over-year decline of 4%.Gross margin in the third quarter of 2009 was 67.6% compared to 62.0% in the comparable period of 2008.
"In July, the Company delivered the first human genome sequenced under its personal genome-sequencing service to a customer. ILMN said that it generated more than 110 gigabases of data, sequencing the genome to more than 30-fold coverage, at its CLIA-certified laboratory, which is also accredited by the College of American Pathologists, using its Genome Analyzer technology."
To read the entire report visit: http://www.stockpreacher.com/n/ILMN
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