On a preliminary basis, Illumina (NASDAQ:ILMN) expects Q1 revenue of ~$858M, up a little over 1% from a year ago and about 2% above consensus of ~$842M.
The company expects a significant negative impact in Q2 due to COVID-19.
2020 guidance withdrawn.
Final results will be released on Thursday, April 30, after the close.
Shares down 1% after hours.
https://seekingalpha.com/news/3560656-illumina-pulls-guidance-amid-covidminus-19-disruptions
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