This post was originally published on this site
Investing.com – Illumina (NASDAQ:ILMN) reported on Thursday fourth quarter earnings that beat analysts’ forecasts.
Illumina shares gained 1.32% in after-hours trade following the report.
Illumina announced earnings per share of 75 cents on revenue of $1.2 billion. Analysts polled by Investing.com anticipated EPS of 45 cents on revenue of $1.13 billion.
Gross margin in the fourth quarter of 2021 was 68.2% compared to 66.1% in the prior year period.
Looking ahead to 2022, the company guided adjusted earnings per share in the range of $4.00 to $4.20, that compared with estimates for $4.17
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
