BRIEF-Illumina Addresses Recent Developments In China

Reuters

03-11

BRIEF-<a href="https://laohu8.com/S/ILMN">Illumina</a> Addresses Recent Developments In China

March 10 (Reuters) - Illumina Inc ILMN.O:

ILLUMINA ADDRESSES RECENT DEVELOPMENTS IN CHINA
ANNOUNCES FISCAL YEAR 2025 NON-GAAP DILUTED EPS OF APPROXIMATELY $4.50
: REMAIN FOCUSED ON ACHIEVING HIGH-SINGLE-DIGIT REVENUE GROWTH BY 2027
COMPANY IS INSTITUTING AN INCREMENTAL APPROXIMATELY $100 MILLION COST REDUCTION PROGRAM FOR FISCAL 2025
COST REDUCTION PROGRAM INCLUDES OPTIMIZING STOCK-BASED COMPENSATION AND NON-LABOR SPENDING
: NEW FISCAL 2025 GUIDANCE PROVIDES FOR LIMITED FURTHER EARNINGS CONTRIBUTION FROM CHINA
FY2025 EARNINGS PER SHARE VIEW $4.52 -- LSEG IBES DATA

Source text: ID:nPn4jssBXa

Further company coverage: ILMN.O

((Reuters.Briefs@thomsonreuters.com;))

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