Illumina Posts 36 Percent Rise in Q1 Revenues; Ups '09 Guidance | GenomeWeb

NEW YORK (GenomeWeb News) – Illumina reported after the close of the market on Tuesday that its first-quarter revenues increased 36 percent year over year. Based on the strength of its first-quarter results, the firm upped its revenue guidance for full-year 2009 to a range of $700 million to $720 million.

Illumina generated revenues of $165.8 million for the three-month period ended March 29, compared to revenues of $121.9 million for the first quarter of 2008.

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