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Illumina s Earnings to Exceed Expectations in Q1

NEW YORK, April 7 (GenomeWeb News) - Illumina had better revenue and earnings in the first quarter than expected, the company said yesterday.

 

Illumina said it expects to exceed both its revenue and net income per share guidance for the first quarter of 2006. In February, the company said it expected between $22 million and $24 million in revenues, and income between $0 and $0.02 per basic and diluted share in the first quarter.

 

Illumina did not disclose the updated projections, but said it will release its first-quarter earnings on April 18 after the close of market.

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