Ilumina ups guidance after Q2 results

|By:, SA News Editor

Ilumina (ILMN +2.5%) Q2 results: Total Revenue: $447.6M (+29.3%), Product Revenue: $390.8M (+24.7%); Cost of Revenue: $147.0M (+19.8%); R&D Expense: $83.0M (+22.7%); SG&A Expense: $114.6M (+29.2%); Operating Income: $100.2M (+67.0%); Net Income: $46.6M (+29.8%); EPS: $0.31 (+19.2%); CF Ops: $178.0M (+100.9%); Quick Assets: $1,103.1M (-5.4%).

2014 Guidance: Revenue growth: 25 - 26%; non-GAAP EPS: $2.26 - 2.28.