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Illumina Inc. (ILMN) Is Rising Sharply After Q1 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Illumina Inc. (ILMN) reported first quarter non-GAAP EPS of $0.53 after the close Tuesday, up from $0.46 last year. Analysts expected EPS of $0.44. Full year 2014 non-GAAP EPS is expected to be between $2.10 and $2.15. The consensus estimate is for EPS of $2.05. The stock is now up 10.03 on 330K shares.

Illumina gapped up Tuesday and climbed during the first hour of trade, before settling into a range. The stock finished with a gain of 6.77 at $147.98 on above average volume. Illumina rose to a 2-week high.

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