Illumina's preliminary Q4 revenue and adjusted EPS exceed expectations
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By:格隆汇
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Gelonghui January 14th|Gene sequencing solutions company Illumina announced its preliminary results for the fourth quarter, with revenue reaching $1.155 billion, up 5% year-on-year and exceeding analysts' expectations of $1.1 billion. Adjusted earnings per share were between $1.27 and $1.3, also above the expected $1.21. The company has partnered with pharmaceutical companies such as AstraZeneca, Merck, and Eli Lilly to launch the world's largest whole-genome genetic perturbation dataset to accelerate AI-driven drug discovery.
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