Illumina Announces Preliminary Revenue for Third Quarter of Fiscal Year 2016

SAN DIEGO — Illumina, Inc. (NASDAQ: ILMN) today announced estimated third quarter revenue of approximately $607 million, a 10% increase compared to $550 million in the third quarter of 2015. This unaudited estimate, based on management’s preliminary financial analysis, is lower than the third quarter revenue guidance of $625 million to $630 million.

The shortfall in quarterly revenue was driven by a larger than anticipated year-over-year decline in high throughput sequencing instruments. As a result, the company expects fourth quarter revenue will be flat to slightly up sequentially.

Pre-Announcement Conference Call Details

A brief conference call to discuss preliminary third quarter results will be held today, October 10, 2016, at 1:30 pmPacific Time (4:30 pm Eastern Time). Interested parties may listen to the call by dialing 888.771.4371 (passcode: 43578941), or if outside North America by dialing +1.847.585.4405 (passcode: 43578941). Individuals may access the live teleconference i

Illumina Announces Preliminary Revenue for Third Quarter of Fiscal Year 2016

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