Illumina (ILMN) Misses Q2 EPS by 5c, Revs Fall 25%

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Go back to Illumina (ILMN) Misses Q2 EPS by 5c, Revs Fall 25%

Illumina Reports Financial Results for Second Quarter of Fiscal Year 2020

August 6, 2020 4:05 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Illumina, Inc. (NASDAQ: ILMN) today announced its financial results for the second quarter of fiscal year 2020.

Second quarter 2020 results reflect the impact of the global COVID-19 pandemic:

Revenue of $633 million, a 25% decrease compared to $838 million in the second quarter of 2019 GAAP net income attributable to Illumina stockholders for the quarter of $47 million, or $0.32 per diluted share, compared to $296 million, or $1.99 per diluted share, for the second quarter of 2019 Non-GAAP net income attributable to Illumina stockholders for the quarter of $92 million,... More