Illumina's Q3 Revenues Increase 5 Percent; Shares Plunge on Estimate Miss
October 28, 2009
Illumina's Q3 Revenues Increase 5 Percent; Shares Plunge on Estimate Miss
Illumina missed analysts' consensus estimate, and its shares plunged in after-hours trade. The shortfall was due to a few issues, including a quality control issue related to sequencing reagent kits that could impact Illumina's Q4 revenues as well.
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