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0.00916367010787602 0.0126435448323859 0.0121795615357847 0.0324788307620925 0.0352627305417004 0.0439624173529752 0.0254030854889224 0.0285349727409813
Stock impact report

Illumina addresses recent developments in China

Illumina, Inc. (ILMN) 
Last illumina, inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
Announces Fiscal Year 2025 Non-GAAP Diluted EPS of Approximately $4.50SAN DIEGO, March 10, 2025 /PRNewswire/ -- Illumina, Inc. (Nasdaq: ILMN) ("Illumina" or the "company") today responded to the March 4, 2025 notice from the China Ministry of Commerce ("MOFCOM") that Illumina is not permitted to export sequencing instruments into China. Illumina respects MOFCOM's decision and will continue to comply with all applicable laws and regulations wherever the company operates. Illumina has had a long-standing presence in China, and the company continues to serve its clinical and research customers there."We remain focused on achieving high-single-digit revenue growth by 2027, while expanding our margins," said Jacob Thaysen, CEO of Illumina. "We are confident in the large global market opportunity for our solutions, the strength of our business, and our strategy to continue to lead innovation in genomics and multiomics in support of our customers."As the company recently highlighted, Illumin Show less Read more
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