These Analysts Boost Their Forecasts On Illumina Following Upbeat Results

Illumina, Inc. (NASDAQ:ILMN) reported better-than-expected earnings for the second quarter on Thursday.

The company posted quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.01 per share. The company reported quarterly sales of $1.059 billion which beat the analyst consensus estimate of $1.049 billion.

“The Illumina team again delivered results that exceeded our guidance, driven by the continued ramp in X consumables, as well as accelerating growth in clinical, our largest customer segment,” said Jacob Thaysen, Chief Executive Officer. “In research, we are actively helping our customers navigate a ...