Illumina reports Q3 adjusted EPS 33c, consensus 12c

Reports Q3 revenue $1.12B, consensus $1.13B. “While the environment remains challenging, I am confident in our ability to navigate it and position the company for long-term success,” said Jacob Thaysen, CEO. “I came to Illumina for the opportunity presented by our core business. While I evaluate the company’s strategy, we will remain focused on driving on further placements of the NovaSeq X, which will boost consumables demand. We will also continue optimizing our operations and drive stronger execution.”