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Illumina Earnings, Revenue Beat in Q1

Investing.com - Illumina (NASDAQ:ILMN) reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $1.6 on revenue of $846M. Analysts polled by Investing.com expected EPS of $1.36 on revenue of $835.53M. That compared to EPS of $1.45 on revenue of $782M in the same period a year earlier. The company had reported EPS of $1.32 on revenue of $867M in the previous quarter.

Illumina shares gained 0.88% to trade at $322.00 in after-hours trade following the report.

Illumina follows other major Technology sector earnings this month


On Wednesday, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.89B.

Facebook earnings missed analysts' expectations on Wednesday, with first quarter EPS of $0.85 on revenue of $15.08B. Investing.com analysts expected EPS of $1.61 on revenue of $14.97B

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

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