$ILMN (+3,65ย %)
| Post Market: -4% | ๐๐ฅ๐ฅ๐ฎ๐ฆ๐ข๐ง๐ ๐๐ ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: Revenue $1.08B (-2% YoY), GAAP EPS $4.03, non-GAAP EPS $1.14. FY24 revenue guidance lowered; EPS guidance raised.
๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โก๏ธ ๐๐จ๐ซ๐ ๐๐ฅ๐ฅ๐ฎ๐ฆ๐ข๐ง๐ revenue was $1.1B, down 2% YoY on a constant currency basis.
โก๏ธ ๐๐๐๐ operating margin reached 68.6%, driven by cost savings and improved productivity.
โก๏ธ ๐๐จ๐ง-๐๐๐๐ operating margin was 22.6%, up from 22.5% YoY.
โก๏ธ GAAP diluted EPS at $๐.๐๐, reflecting significant cost management improvements.
โก๏ธ ๐๐จ๐ง-๐๐๐๐ diluted EPS stood at $๐.๐๐, compared to $0.33 in Q3 2023.
โก๏ธ R&D expenses increased to $253M (GAAP) and $249M (non-GAAP) due to investments in innovation.
โก๏ธ SG&A expenses were $239M (GAAP) and $268M (non-GAAP), reflecting ongoing strategic initiatives.
โก๏ธ Cash flow from operations grew to $๐๐๐๐, with free cash flow at $๐๐๐๐, a significant improvement YoY.
โก๏ธ FY24 revenue guidance revised to a ~3% decline, but ๐๐๐ guidance raised to $๐.๐๐-$๐.๐๐ (non-GAAP).
โก๏ธ FDA approval for TSO Comprehensive, with two companion diagnostics, enhances portfolio strength.
โก๏ธ Announced new MiSeq i100 Series, expanding offerings in the benchtop sequencing market.
โก๏ธ Legal settlement provided a $๐๐๐๐ GAAP benefit, significantly impacting net income positively.
๐ ๐๐๐ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:
"During the third quarter, the Illumina team delivered strong operating results, and revenue met our expectations," said Jacob Thaysen, Chief Executive Officer. "The underlying demand for Illumina's products and applications remains strong, and we are demonstrating significant progress in driving margin and earnings expansion."