BUZZ-Illumina rises after forecasting Q4 results beat

Reuters
01/13
BUZZ-<a href="https://laohu8.com/S/ILMN">Illumina</a> rises after forecasting Q4 results beat

** Shares of gene sequencing solutions company Illumina ILMN.O rise as much as 3.7% to $151

** Expects Q4 revenue of $1.16 billion vs. analysts' expectations of $1.10 billion, according to data compiled by LSEG

** Sees Q4 adj. EPS of $1.27 to $1.30 vs. estimates of $1.21

** Co introduces dataset that maps genetic changes to help accelerate drug discovery through AI, partnering with drugmakers AstraZeneca AZN.L, Merck MRK.N and Eli Lilly LLY.N

** ILMN up 6.5% over the past 12 months

(Reporting by Angela Christy in Bengaluru)

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