Illumina Headquarters

Illumina lowers Outlook due to China sales ban

The San Diego Union-Tribune o… · 1d

Illumina to cut $100M in costs to cope with China ban

The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.

Reuters on MSN · 3d

Illumina lowers outlook due to China sales ban, to cut $100 million in costs

Illumina on Monday lowered its annual forecast and said it plans to cut $100 million in spending after China announced a ban on imports of its genetic sequencing instruments. The company said it now expects 2025 adjusted profit of about $4.

Business Insider · 3d

Illumina sees 2025 EPS of $4.50 after China ban, consensus $4.51

Illumina (ILMN) responded to the March 4 notice from the China Ministry of Commerce that the company is not permitted to export sequencing

Seeking Alpha · 3d

Illumina lowers guidance, cuts spending to mitigate China ban on its gene sequencers

Illumina lowered its adjusted profit outlook and cut spending cost for 2025 as the company grapples with Chinese ban on its gene sequencers. Read more here.

San Diego Union-Tribune10d

Illumina cuts workforce at San Diego headquarters

Gene-sequencing giant Illumina is laying off 96 employees from its San Diego headquarters, according to paperwork filed ...

9don MSN

China hits Illumina with import ban. What does that mean for the San Diego gene sequencer?

The Chinese government took its economic sanctions against San Diego-based Illumina a step further Tuesday by banning the ...

MedTech Dive14d

Illumina to lay off 96 San Diego employees

The latest job cuts at Illumina’s California headquarters are not part of a broad-based reduction, a company spokesperson ...

Nature2y

Innovation at Illumina: The road to the $600 human genome

Illumina is an applied genomics technology company that was founded in 1998 with the mission statement: ‘To improve human health by unlocking the power of the genome’. Over the past two ...

Reuters10d

China bans imports of Illumina's gene sequencers right after Trump tariff action

SHANGHAI, March 4 (Reuters) - China announced a ban on Tuesday on imports of genetic sequencers from U.S. medical equipment maker Illumina (ILMN.O), opens new tab ...

The Daily Gazette11d

Gene-sequencing giant Illumina cuts workforce at San Diego headquarters

Gene-sequencing giant Illumina is laying off 96 employees from its San Diego headquarters, according to paperwork filed with the state. This workforce reduction comes at a time when Illumina is ...

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