Illumina has seen sluggish demand for its tools and services, used to develop therapies and vaccines, from key markets such as China and cautious spending...
The dual flow cell configuration of Illumina 's NovaSeq X Plus is shown in this undated handout photo obtained by Reuters
"Consumable sales remained solid as customers continued to increase their sequencing activity, but instrument demand has softened in a constrained funding environment," CEO Jacob Thaysen said. On an adjusted basis, it earned 36 cents per share of profit during the quarter ended June 30, while analysts' on average expected 90 cents per share.
Core Segment Genetic Tests Adjusted Basis Consumable Sales Sluggish Demand
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