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Illumina Inc. (ILMN) Has Climbed To A New High After Q4 Profit Beat Expectations

Illumina Inc. (ILMN) reported fourth quarter adjusted EPS of $0.87 after the bell Tuesday, up from $0.45 in the previous year. Analysts expected EPS of $0.78. Full year 2015 adjusted EPS is expected to be between $3.12 and $3.18. The consensus estimate is for EPS of $3.20.

Illumina gapped open sharply higher Wednesday morning and is currently up 6.47 at $209.72. The stock has been climbing for the past week and a half and has set a new high for the year.

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