Illumina 3Q profit falls 10.3%

Date : 10/23/2007 @ 5:15PM
Source : TFN
Stock : Illumina Inc (ILMN)
Quote : 30.64  2.66 (9.51%) @ 8:00PM
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Illumina 3Q profit falls 10.3%

        NEW YORK (Thomson Financial) - Illumina Inc. late Tuesday reported
third-quarter earnings of $14.5 million, or 24 cents per share, down 10.3% from
$16.2 million or 32 cents a share, in the year ago-period.
    Excluding certain items, the company posted adjusted earnings of $19.9
million, or 34 cents a share, versus $19.9 million, or 39 cents a share, last
year.
    Analysts polled by Thomson Financial were expecting, on average, a per-share
profit of 19 cents a share. 
    Revenue in the period ended Sept. 30 rose 82% to $97.5 million, above Wall
Street's consensus view of $94 million.
    The life-sciences tools maker said it expects fourth-quarter revenue of $100
million to $104 million and adjusted profit of $19 million to $21 million, or 32
cents to 35 cents a share.
Michelle Rama
mr/gm

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