secwatch.observer — SEC 8-K summary
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Issuer:     ILLUMINA, INC. (ILMN)
CIK:        0001110803
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001110803-23-000060
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Illumina Q2 revenue up 1% to $1.18B, non-GAAP EPS $0.32, ships 109 NovaSeq X; guides FY23 non-GAAP EPS $0.75-0.90
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- Revenue $1.176B (+1% YoY, +8% QoQ); GAAP loss per share $(1.48) vs $(3.40) (incl. $609M legal contingency).
- Non-GAAP diluted EPS $0.32 vs $0.57; non-GAAP gross margin 66.5% vs 69.4%.
- Shipped 109 NovaSeq X instruments in Q2; FY2023 supply capacity now >390 instruments.
- FY2023 guidance: rev growth ~1%, GAAP loss $(2.08)-(1.93), non-GAAP EPS $0.75-$0.90.
- Headwinds: cautious customer spending, slow China recovery, temporary decline in high-throughput consumables.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110803/000111080323000060/0001110803-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110803/000111080323000060/ilmn-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001110803-23-000060

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