earnings
confidence high
sentiment neutral
materiality 0.75
Illumina Q4 rev $1.12B (+4% YoY), GAAP EPS $(1.11), non-GAAP $0.14; FY guide flat
ILLUMINA, INC.
2023-FY EPS reported
-$7.34
revenue$4,504,000,000
- Q4 revenue $1.12B, up 4% YoY (4% constant currency); GAAP gross margin 60.1%.
- GAAP diluted loss per share $(1.11) vs $(0.89) in Q4 2022; non-GAAP EPS $0.14 unchanged.
- FY 2023 revenue $4.5B down 2% YoY; GAAP loss per share $(7.34) (incl $821M GRAIL impairment).
- Shipped 79 NovaSeq X in Q4, 352 in FY 2023; FY 2024 Core Illumina revenue flat, non-GAAP op margin ~20%.
- GRAIL divestiture via sale or capital markets targeted to finalize terms by Q2 2024.