Illumina Earnings, Revenue beat in Q4 By Investing.com

Illumina reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Illumina announced earnings per share of $1.22 on revenue of $953M. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $898.38M.

Illumina shares are down 5% from the beginning of the year and are trading at $451.71 , down-from-52-week-high.They are under-performing the Nasdaq which is up 8.83% from the start of the year.

Illumina follows other major Technology sector earnings this month

Illumina’s report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.

Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar