© Reuters. Illumina third quarter earnings and sales
Investing.com – Illumina (NASDAQ 🙂 reported third quarter on Thursday, which beat analysts' forecasts and earnings exceeded expectations.
Illumina announced earnings per share of $ 1.45 on sales of $ 1.11 billion. Analysts polled by Investing.com expected earnings per share of $ 1.26 on sales of $ 1.05 billion.
Illumina stock is up 14.04% year-to-date, still 24.08% from its 52-week high of $ 555.77 on February 12.
According to the report, Illumina shares lost 0.12% in after-hours trading.
Illumina follows gains from other major technology sectors this month
The Illumina report follows an October 26 bottom line hit by Alphabet C, which posted earnings per share of $ 27.99 on sales of $ 65.12 billion.
Taiwan Semiconductor exceeded expectations on Oct. 14, with earnings per share of $ 1.07 on sales of $ 14.75 billion, compared with a forecast of $ 1.04 on sales of $ 14.81 billion .
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