secwatch.observer — SEC 8-K summary
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Issuer:     ILLUMINA, INC. (ILMN)
CIK:        0001110803
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001110803-24-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Illumina Q4 rev $1.12B (+4% YoY), GAAP EPS $(1.11), non-GAAP $0.14; FY guide flat
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110803/000111080324000007/0001110803-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110803/000111080324000007/ilmn-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001110803-24-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer