- Illumina Inc., a developer and marketer of life-sciences tools, said Monday it expects to swing to a first-quarter and full-year profit. The company expects first-quarter profit between 33 cents and 36 cents per share on revenue between $110 million and $115 million.
- Analysts polled by Thomson Financial expect first-quarter profit of 26 cents per share on revenue of $111.2 million.
- For the full year, the company expects profit of $1.45 to $1.60 per share on revenue between $500 million and $525 million.
Analysts are in for 2008 at $1.23. Now that's a beat. Bravo.
Long Illumina in fund; no personal position