Investing.com – Illumina (NASDAQ:) reported third quarter that beat analysts’ expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.93 on revenue of $907M. Analysts polled by Investing.com forecast EPS of $1.41 on revenue of $870.62M. That compared to EPS of $1.52 on revenue of $853M in the same period a year earlier. The company had reported EPS of $1.35 on revenue of $838M in the previous quarter.
Illumina shares gained 6.58% to trade at $336.00 in after-hours trade following the report.
Illumina follows other major Technology sector earnings this month
On Wednesday, Microsoft reported first quarter EPS of $1.38 on revenue of $33.06B, compared to forecasts of EPS of $1.24 on revenue of $32.14B.
Taiwan Semiconductor earnings beat analysts’ expectations on October 17, with third quarter EPS of $0.64 on revenue of $9.58B. Investing.com analysts expected EPS of $0.61 on revenue of $9.25B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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