Illumina Q4 2016 Earnings Results and Financial Report

Illumina reported Q4 2016 revenue of $619 million, exceeding expectations with 5% growth driven by sequencing consumables and microarrays. The company increased investments in manufacturing, headcount, GRAIL and Helix, resulting in operating margin contraction. Non-GAAP EPS was $0.85, up 5% from the prior year.