Illumina, Facing Dip in Array Demand, Posts 12-Percent Rise in Q4 Sales | GenomeWeb

This article was first published Feb. 5.

By Justin Petrone

"Significant growth" in demand for high-throughput sequencing products drove Illumina's fourth quarter sales up 12 percent year over year, offsetting a decline in array sales, the company said last week.

Illumina reported that total revenues for the three-month period ended Jan. 3 rose to $180.6 million from $160.9 million year over year. The results beat analysts' estimates of $173 million for the quarter.

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