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BUZZ-Illumina falls after third-quarter revenue miss

BUZZ-Illumina falls after third-quarter revenue miss

ReutersReuters2026/10/29 20:58

** Shares of Illumina ILMN.O fall 13.2% to $254.08 in extended trading

** Company eports Q3 revenue of $1.13 billion, missing analysts' estimates of $1.15 billion, according to data compiled by LSEG

** Raises fiscal 2026 revenue forecast to between $4.64 billion and $4.66 billion, from prior outlook of $4.60 billion to $4.64 billion

** Raises annual profit per share forecast to between $5.40 and $5.45 from prior range of $5.30 to $5.40

** As of last close, stock has more than doubled YTD


(Reporting by Bageshri Banerjee and Siddhi Mahatole)

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