Illumina Inc. reported fourth-quarter 2016 net income attributable to stockholders of $123.9 million, or 84 cents per share, up from $104.5 million, or 70 cents per share, for the fourth quarter of 2015.

On a non-GAAP basis, Illumina's net income attributable to stockholders was $126.4 million, or 85 cents per share, versus $120.6 million, or 81 cents per share, in the prior-year period.

The S&P Capital IQ consensus normalized EPS estimate for the quarter was 83 cents.

Illumina reported revenues of $619.3 million, up from $591.5 million in the fourth quarter of 2015.

For the full year 2016, net income attributable to shareholders was $454.1 million, or $3.07 per share, compared with $461.5 million, or $3.10 per share, in 2015. On a non-GAAP basis, net income attributable to shareholders was $503.2 million, or $3.33 per share, from $495.2 million, or $3.32 per share, in 2015.

The S&P Capital IQ consensus normalized EPS estimate for 2016 was $3.34.

Illumina expects first-quarter 2017 revenue of $580 million to $595 million, with GAAP EPS attributable to shareholders in the range of 51 cents to 56 cents. On a non-GAAP basis, EPS attributable to shareholders is expected to be between 60 cents and 65 cents.

The S&P Capital IQ consensus normalized EPS estimate for the first quarter of 2017 is 80 cents.

For fiscal 2017, Illumina expects revenue to increase by 10% to 12%, with GAAP EPS attributable to shareholders in the range of $3.25 to $3.35. On a non-GAAP basis, EPS attributable to shareholders is expected to be in the range of $3.60 to $3.70.

The S&P Capital IQ consensus normalized EPS estimate for 2017 is $3.65.