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Jun 28, 2020
Illumina Q2 2020 Earnings Report
Illumina's financial performance was impacted by the global COVID-19 pandemic.
Key Takeaways
Illumina's second quarter 2020 revenue was $633 million, a 25% decrease compared to the second quarter of 2019. GAAP net income attributable to Illumina stockholders for the quarter was $47 million, or $0.32 per diluted share, compared to $296 million, or $1.99 per diluted share, for the second quarter of 2019.
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
Non-GAAP net income attributable to Illumina stockholders for the quarter of $92 million, or $0.62 per diluted share
Free cash flow of $202 million for the quarter compared to $96 million in the second quarter of 2019
Forward Guidance
Illumina has withdrawn its fiscal 2020 full year revenue and earnings per share guidance due to the uncertainties around the severity and duration of the COVID-19 pandemic.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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