financetom
Business
financetom
/
Business
/
Illumina Reports Preliminary Q4, 2024 Non-GAAP Earnings, Revenue
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Illumina Reports Preliminary Q4, 2024 Non-GAAP Earnings, Revenue
Jan 14, 2025 7:29 AM

10:09 AM EST, 01/14/2025 (MT Newswires) -- Illumina ( ILMN ) said Tuesday in a preliminary report it expects Q4 non-GAAP earnings of $0.91 to $0.93 per diluted share.

Analysts polled by FactSet expect $0.91.

The company will report its earnings Feb. 6 after the market close.

Revenue for the quarter is expected to be $1.10 billion

Analysts surveyed by FactSet expect $1.07 billion.

For fiscal 2024, the company expects non-GAAP earnings of $4.12 to $4.14 per diluted share on revenue of $4.33 billion. Two analysts polled by FactSet expect $3.36. One analyst surveyed by FactSet expects 2024 revenue of $4.33 billion.

For fiscal 2025, the company projects reported revenue between $4.28 billion and $4.40 billion, and a 10% rise in non-GAAP diluted EPS. Analysts polled by FactSet expect $4.47 billion.

Price: 152.44, Change: +8.22, Percent Change: +5.70

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved