Illumina Reports Preliminary Q4, 2024 Non-GAAP Earnings, Revenue

MT Newswires Live
14 Jan

Illumina (ILMN) said Tuesday in a preliminary report it expects Q4 non-GAAP earnings of $0.91 to $0.93 per diluted share.

Analysts polled by FactSet expect $0.91.

The company will report its earnings Feb. 6 after the market close.

Revenue for the quarter is expected to be $1.10 billion

Analysts surveyed by FactSet expect $1.07 billion.

For fiscal 2024, the company expects non-GAAP earnings of $4.12 to $4.14 per diluted share on revenue of $4.33 billion. Two analysts polled by FactSet expect $3.36. One analyst surveyed by FactSet expects 2024 revenue of $4.33 billion.

For fiscal 2025, the company projects reported revenue between $4.28 billion and $4.40 billion, and a 10% rise in non-GAAP diluted EPS. Analysts polled by FactSet expect $4.47 billion.

Price: 152.44, Change: +8.22, Percent Change: +5.70

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