=Illumina (ILMN) reported earnings on Tue 1 Aug 2017 (a/h)

SAN DIEGO (AP) _ Illumina Inc. (ILMN) on Tuesday reported second-quarter net income of $128 million.

The San Diego-based company said it had profit of 87 cents per share. Earnings, adjusted for non-recurring gains, came to 82 cents per share.

The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The genetic testing tools company posted revenue of $662 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $642.5 million.

Illumina expects full-year earnings in the range of $3.60 to $3.70 per share.

Illumina shares have risen 35 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $172.30, a climb of 1 percent in the last 12 months.