Illumina Non-GAAP EPS of $0.08 beats by $0.05, revenue of $1.09B beats by $20M
Illumina press release  (NASDAQ:ILMN): Q1  Non-GAAP EPS of $0.08  beats by $0.05.
Revenue of $1.09B (-10.7% Y/Y)  beats by $20M.
Reiterating fiscal year 2023 consolidated revenue guidance of 7% to 10% growth from 2022, including Core Illumina revenue growth of 6% to 9% and GRAIL revenue in the range of $90 million to $110 million
Expect GAAP diluted loss per share of $(0.28) to $(0.03) for fiscal year 2023
Reiterating non-GAAP diluted EPS guidance of $1.25 to $1.50 for fiscal year 2023Â vs. $1.40 consensus
Committing to Core Illumina non-GAAP operating margins of 25% for fiscal year 2024 and 27% for fiscal year 2025