SAN DIEGO--(BUSINESS WIRE)--Illumina, Inc. (NASDAQ:ILMN) today announced its financial results for the first quarter of 2011.
* Revenue of $282.5 million, a 47% increase over the $192.1 million reported in the first quarter of 2010.
* GAAP net income of $24.1 million, or $0.16 per diluted share, compared to net income of $21.2 million, or $0.16 per diluted share, for the first quarter of 2010.
* Non-GAAP net income of $50.3 million, or $0.35 per diluted share, compared to $26.6 million, or $0.21 per diluted share, for the first quarter of 2010 (see the table entitled “Itemized Reconciliation Between GAAP and Non-GAAP Net Income”).
