Illumina falls after third-quarter revenue miss

Illumina

29/10/2026 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)