Investing.com - Illumina (NASDAQ:ILMN) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Illumina announced earnings per share of $0.34 on revenue of $1.12B. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $1.12B.
Illumina shares are up 18% from the beginning of the year, still down 50.48% from its 52 week high of $428.00 set on January 12.
Illumina shares lost 5.64% in after-hours trade following the report.
Illumina follows other major Healthcare sector earnings this month
Illumina's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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