Illumina Earnings, Revenue beat In Q3

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Illumina Earnings, Revenue beat In Q3
Credit: © Reuters.

Investing.com - Illumina (NASDAQ: ILMN ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Illumina announced earnings per share of $1.45 on revenue of $1.11B. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $1.05B.

Illumina shares are up 14.04% from the beginning of the year and are trading at $421.45 , down-from-52-week-high.They are under-performing the Nasdaq which is up 23.68% from the start of the year.

Illumina shares lost 0.12% in after-hours trade the report.

Illumina follows other major Technology sector earnings this month

Illumina's report follows an earnings beat by Alphabet C on Tuesday, October 26, 2021, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.83 on revenue of $63.53B.

Taiwan Semiconductor had beat expectations on Thursday, October 14, 2021 with third quarter EPS of $1.07 on revenue of $14.75B, compared to forecast for EPS of $1.04 on revenue of $14.81B.

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

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