Illumina Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended January 1, 2016. For the quarter, the company announced total revenue of $619,347,000 compared to $591,548,000 for the same period a year ago. Income from operations was $143,016,000 compared to $144,000,000 for the same period a year ago. Income before income taxes was $134,243,000 compared to $135,007,000 for the same period a year ago. Net income was $107,542,000 compared to $102,864,000 for the same period a year ago. Net income attributable to company shareholders was $123,884,000 compared to $104,477,000 for the same period a year ago. Net income per diluted share was $0.84 compared to $0.70 for the same period a year ago. Net cash provided by operating activities was $280,153,000 compared to $240,378,000 for the same period a year ago. Purchases of property and equipment were $81,538,000 compared to $35,486,000 for the same period a year ago. Free cash flow was $198,615,000 compared to $204,892,000 for the same period a year ago. Non-GAAP net income per share, diluted was $0.85 compared to $0.81 for the same period a year ago. Non-GAAP net income attributable to company shareholders was $126,433,000 compared to $120,570,000 for the same period a year ago. Non-GAAP operating profit was $182,824,000 compared to $197,311,000 for the same period a year ago.

For the full year, the company announced total revenue of $2,398,373,000 compared to $2,219,762,000 for the same period a year ago. Income from operations was $587,032,000 compared to $612,841,000 for the same period a year ago. Income before income taxes was $561,178,000 compared to $583,142,000 for the same period a year ago. Net income was $428,090,000 compared to $457,390,000 for the same period a year ago. Net income attributable to company shareholders was $462,649,000 compared to $461,559,000 for the same period a year ago. Net income per diluted share was $3.07 compared to $3.10 for the same period a year ago. Net cash provided by operating activities was $687,238,000 compared to $659,596,000 for the same period a year ago. Purchases of property and equipment were $259,891,000 compared to $142,847,000 for the same period a year ago. Free cash flow was $427,347,000 compared to $516,749,000 for the same period a year ago. Non-GAAP net income per share, diluted was $3.33 compared to $3.32 for the same period a year ago. Non-GAAP net income attributable to company shareholders was $503,232,000 compared to $495,203,000 for the same period a year ago. Non-GAAP operating profit was $758,910,000 compared to $808,462,000 for the same period a year ago.

For fiscal 2017, the company is projecting 10% to 12% revenue growth, GAAP earnings per diluted share attributable to Illumina stockholders of $3.25 to $3.35 and non-GAAP earnings per diluted share attributable to Illumina stockholders of $3.60 to $3.70. Annual guidance assumes first quarter revenue of $580 million to $595 million, GAAP earnings per diluted share attributable to Illumina stockholders of $0.51 to $0.56 and non-GAAP earnings per diluted share attributable to Illumina stockholders of $0.60 to $0.65.