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via finance.yahoo.comMarkets

Illumina shares react negatively after Q3 earnings

FROM THE WIRE · FINANCE.YAHOO.COM

The top 5 analyst questions from Illumina's Q3 earnings call Illumina's third quarter was met with a negative market reaction. Management attributed the quarter's performance to strong clinical sequencing demand and robust placements of the NovaSeq X platform, which CEO Jacob…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishResults beat estimates slightly but weakness in research markets drove a negative share reaction.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Revenue of 1.17 billion dollars versus 1.15 billion expected by analysts.
  2. 02Adjusted EPS was 1.44 dollars against 1.36 estimated.
  3. 03Management flagged continued weakness in research and applied markets.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Illumina, Inc.ILMNStock229.38 USD-1.57%today -2.80%Negative Illumina IncILU.DUStock208.16 EURMarket closedtoday -1.08%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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