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Article: Illumina Reports Financial Results for Third Quarter 2009.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Illumina, Inc. (NASDAQ:ILMN) announced its financial results for the third quarter of 2009.
For the third quarter of 2009, Illumina reported revenue of $158.4 million, a 5% increase over the $150.3 million reported in the third quarter of 2008. The Company reported net income for the quarter of $17.1 million, or $0.12 per diluted share, compared to net loss of $10.1 million, or ($0.08) per diluted share in the comparable period of 2008. The net loss in the prior year period was directly attributable to a $24.7 million in process research and development charge associated with the Company's acquisition of Avantome, Inc. Net income for the third quarter of 2009 ...