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;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.