Illumina estimates $1.466B goodwill and $420M IPR&D impairment charges for GRAIL in Q2 2024

ILLUMINA, INC.

Goodwill impairment charge of $1,466M related to GRAIL, representing full remaining carrying value as of March 31, 2024.
IPR&D intangible asset impairment charge of $420M for GRAIL in Q2 2024.
No material future cash expenditures expected from these impairment charges.
Charges will be excluded from non-GAAP financial metrics.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.