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0.00342265631521827 0.00304699891476747 0.000751314800901488 0.00459136822773184 0.000709575089740327 0.0103514483679773 0.000751314800901488 0.00442440938308708
Stock impact report

Illumina (ILMN) Q1 Earnings Beat, Adjusted Operating Loss Widens [Yahoo! Finance]

Illumina, Inc. (ILMN) 
Last illumina, inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The bottom line exceeded the year-ago quarter's figure of 8 cents. The adjustments exclude the impact of GRAIL's pre-acquisition net operating losses on GILTI, the utilization of U.S. foreign tax credits and the Pillar Two global minimum top-up tax, which became effective in the first quarter of 2024, among others. Including one-time items, the company's GAAP loss per share was 79 cents compared to the year-ago quarter's EPS of 2 cents. Revenues In the quarter under review, Illumina's revenues were $1.08 billion, down 1% year over year (down 1% at CER). However, the top line surpassed the Zacks Consensus Estimate by 2.1%. Segment Details Illumina has two reportable segments — Core Illumina and GRAIL Core Illumina sequencing service and other revenues were $151 million (up 27% year over year). This was driven primarily by an increase in revenues from strategic partnerships and higher instrument service contract revenues on a growing install base. Sequencing Instrument r Show less Read more
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