Illumina CEO 'Optimistic' about Array Business as Q1 Sales Spike 47 Percent | GenomeWeb

This story was originally posted on April 27.

By Justin Petrone

"Continued success" of its next-generation sequencing instruments and "strong" array sales contributed to a 47-percent increase in Illumina's first-quarter revenue.

The San Diego-based firm said total receipts for the three months ended April 3 rose to $282.5 million from $192.1 million for year over year. Product revenues rose 53 percent to $266.7 million from $173.7 million.

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