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DewDiligence

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DewDiligence

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Re: DewDiligence post# 198957

Monday, 04/18/2016 4:12:05 PM

Monday, April 18, 2016 4:12:05 PM

Post# of 257275
ILMN -20%/AH on soft 1Q16 results:

http://finance.yahoo.com/news/illumina-announces-preliminary-revenue-first-200500774.html

“Our first quarter results fell short of expectations largely due to lower than expected sales of HiSeq 2500, 3000 and 4000 instruments. Despite this slow start in Q1, we anticipate that our Americas and Asia Pacific regions will meet our expectations for the full year, but that Europe will underperform. As a result, we now project approximately 12% revenue growth for fiscal 2016,” stated Jay Flatley, Chairman and CEO.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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