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Illumina Earnings inline, Revenue Misses In Q2

Illumina Earnings inline, Revenue Misses In Q2

Investing.com - Illumina (NASDAQ:ILMN) reported second quarter earnings that matched analysts' expectations on Monday and revenue that fell short of forecasts.

The firm reported earnings per share of $1.35 on revenue of $838M. Analysts polled by Investing.com forecast EPS of $1.35 on revenue of $867.86M. That compared to EPS of $1.43 on revenue of $830M in the same period a year earlier. The company had reported EPS of $1.6 on revenue of $846M in the previous quarter.


Illumina follows other major Technology sector earnings this month

On July 18, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.

Alphabet C earnings beat analysts' expectations on Thursday, with second quarter EPS of $14.21 on revenue of $38.94B. Investing.com analysts expected EPS of $11.1 on revenue of $38.15B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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