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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.

The Wall Street Journal on MSN · 4d

Illumina to Cut $100 Million in Costs, Lowers Guidance Because of China Sales Ban

Illumina is reducing its forecast for this year’s financial performance and cutting $100 million in spending because China barred sales of the company’s gene-sequencing machines. San Diego-based Illumina is lowering its 2025 guidance of $4.

Fierce Biotech · 10d

China bans sales of Illumina DNA sequencers as Trump escalates global tariffs

Illumina has been barred from exporting its DNA sequencers to China, which closed | Illumina has been barred from exporting its DNA sequencers to China, which closed its doors to the company in response to the Trump administration expanding its tariffs on the country.

Markets Insider · 4d

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

Reuters on MSN · 4d

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.

JD Supra8h

The Illumina Ban and What It Means for Life Science Companies

Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...

10don MSN

Illumina Stock Drops as China Bans Imports of Gene Sequencing Technology

Illumina stock slid on Tuesday after China banned imports of the biotech’s gene sequencing machines as part of a broader ...

10d

What's Left of Illumina's China Business After Tariff Retaliation: Heard on the Street

Illumina shareholders received a warning shot. In response to President Trump’s initial tariff measures, the Chinese ...

San Diego Union-Tribune11d

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 ...

Investing2d

Illumina’s SWOT analysis: next-gen sequencing leader faces headwinds

Illumina Inc. (NASDAQ:ILMN), a leading provider of next-generation sequencing (NGS) technology with annual revenue of $4.37 billion, finds itself at a critical juncture as it navigates a shifting ...

Illumina lowering 2025 earnings outlook to low end of range, WSJ says

Illumina (ILMN) is reducing its forecast for this year’s financial performance and cutting $100M in spending because China barred sales of its ...

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