9/109 sources · 5 publishersUpdated Oct 29, 21:59 UTC
Illumina posts Q3 FY2026 results, raises full‑year guidance but shares tumble
+1 new source since this summary was written
Illumina reported third‑quarter fiscal 2026 revenue of $1.13 billion and GAAP diluted EPS of $1.43, while non‑GAAP EPS was $1.44. The company lifted its full‑year revenue outlook to $4.64‑$4.66 billion and EPS guidance to $5.40‑$5.45. Despite the beat, the stock fell sharply in after‑hours trading.
Why it matters
The raised guidance suggests higher expected earnings for the year, but the steep share decline signals investor concern over growth prospects, potentially increasing volatility for traders.
Key facts
- 1Q3 2026 reported revenue was $1.13 billion, up 4.2% YoY. prnewswire.com
- 2GAAP diluted EPS for the quarter was $1.43. prnewswire.com
- 3Non‑GAAP diluted EPS, excluding tariff refunds, was $1.44. prnewswire.com
- 4Revenue excluding tariff refunds was $1.17 billion, up 4.7% on a comparable basis. prnewswire.com
- 5Full‑year 2026 revenue guidance was raised to $4.64‑$4.66 billion. prnewswire.com
- 6Full‑year 2026 non‑GAAP EPS guidance was raised to $5.40‑$5.45. prnewswire.com
Open questions
- Different sources report varying post‑earnings share declines.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.