Illumina Q4 2019 Earnings Report
Key Takeaways
Illumina's Q4 2019 results showed a 10% revenue increase to $953 million compared to Q4 2018. GAAP net income attributable to Illumina stockholders was $239 million, or $1.61 per diluted share, and non-GAAP net income was $252 million, or $1.70 per diluted share. The company's cash flow from operations reached $443 million, with free cash flow at $386 million.
Revenue reached $953 million, a 10% increase compared to Q4 2018.
GAAP net income attributable to Illumina stockholders was $239 million, or $1.61 per diluted share.
Non-GAAP net income attributable to Illumina stockholders was $252 million, or $1.70 per diluted share.
Free cash flow was $386 million for the quarter.
Illumina
Illumina
Illumina Revenue by Segment
Forward Guidance
For fiscal year 2020, the company expects year-over-year revenue growth in the range of 9% to 11%, and expects GAAP earnings per diluted share of $6.45 to $6.65 and non-GAAP earnings per diluted share of $6.80 to $7.00.
Revenue & Expenses
Visualization of income flow from segment revenue to net income