Illumina, Inc. (NASDAQ:ILMN) Q1 2024 Earnings Call Transcript May 2, 2024 5:00 PM ET Company Participants Salli Schwartz - Vice President, Investor Relations Jacob Thaysen - Chief Executive Officer Ankur Dhingra - Chief Financial Officer Joydeep Goswami - Advisor Conference Call Participants Doug Schenkel - Wolfe Research Puneet Souda - Leerink Partners Vijay Kumar - Evercore ISI Dan Brennan - TD Cowen David Westenberg - Piper Sandler Subha Nambi - Guggenheim Securities Sung Ji Nam - Scotiabank Tejas Savant ...

Investors: Salli Schwartz +1.858.291.6421 ir@illumina.com Media: Bonny Fowler +1.740.641.5579 pr@illumina.com Illumina Reports Financial Results for First Quarter of Fiscal Year 2024 San Diego, May 2, 2024 /PRNewswire/ -- Illumina, Inc. (Nasdaq: ILMN) ("Illumina" or the "company") today announced its financial results for the first quarter of fiscal year 2024, which include the consolidated financial results for GRAIL. "The Illumina team delivered results ahead of our expectations by supporting our customer ...

In its upcoming report, Illumina (ILMN) is predicted by Wall Street analysts to post quarterly earnings of $0.03 per share, reflecting a decline of 62.5% compared to the same period last year. Revenues are forecasted to be $1.05 billion, representing a year-over-year decrease of 3%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this p ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Illumina (ILMN) , which belongs to the Zacks Medical - Biomedical and Genetics industry.When looking at the last two reports, this genetic testing tools company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 726.92%, on average, in the last two quarters.For the most recent quarter, Illumina was expected to p ...

SAN DIEGO, April 12, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, today announced it has received approval of its divestment plan for GRAIL from the European Commission (EC). While this does not mean the method of divestment has been finalized, the company is pleased to reach an agreement with the EC on specific divestment options as it represents an important milestone in the process. Illumina continues to explore divesting GRAIL throug ...

SAN DIEGO, April 4, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) announced today that it will issue results for the first quarter 2024 following the close of market on Thursday, May 2, 2024.  On the same day, at 2:00 pm Pacific Time (5:00 pm Eastern Time) Jacob Thaysen, Chief Executive Officer, and Joydeep Goswami, Chief Financial Officer and Chief Strategy and Corporate Development Officer, will host a conference call with analysts, investors, and other interested parties to discuss financial and ope ...

A legal opinion on the other side of Planet Earth put some juice into Illumina's (ILMN 3.20%) stock on Thursday. The gene-sequencing specialist saw its share price rise by over 3%, against the S&P 500 index's 0.3% bump, on strong indication that a regulator's move against the company might soon be reversed.A top court advisor criticizes a ruling in EuropeThat day, a senior advisor to the European Commission (EC) -- the European Union's (EU) executive arm that also holds certain regulatory powers -- criticiz ...

Gene-sequencing stock Illumina (ILMN 2.98%) was a standout in the biotech sector Monday, with its share-price rise convincingly beating the S&P 500 index. Investors were cheered by a stock buy made by a high-profile insider. As a result, its shares closed the day almost 3% higher, while the bellwether index slid by almost 0.4%.The CEO snapped up some sharesThe insider doing the buying was none other than Illumina's CEO Jacob Thaysen. According to a regulatory document filed on Monday, Thaysen made three sto ...

Illumina (ILMN) possesses promising opportunities to advance the next-generation sequencing ecosystem. Adverse macroeconomic challenges remain a major downside. The stock carries a Zacks Rank #3 (Hold) currently.Illumina is currently keeping up well with the goals to strengthen its foothold in the multi-billion gene sequencing worldwide market with some highly competitive products in its existing portfolio and pipeline. Further, the company is developing sample-to-answer solutions to catalyze adoption in th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35406 Illumina, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R ...