NEW YORK (GenomeWeb) – Illumina reported after the close of the market Tuesday that its first quarter revenues increased 27 percent year over year.

The San Diego-based firm posted revenues of $421 million for the three months ended March 31, compared to $331 million for the first quarter of 2012. It beat the average analyst estimate of $391.8 million.

Its product revenue jumped to $362.2 million from $296.2 million year over year, and its service and other revenue increased to $58.6 million from $34.8 million.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

Ancient DNA indicates Stone Age, hunter-gather inhabitants of Britain imported wheat.

Joel Achenbach explores at National Geographic why people find science difficult to believe.

In Science this week: gene linked to expansion of the human neocortex, and more.

The National Institute of General Medical Sciences director says changes the agency made have allow it to boost success rates.