This is our first report on Illumina, a well-known provider of sequencing and array-based solutions for genetic and genomic analysis. The company had a great quarter with growth in revenue on part with Wall Street expectations in spite of macroeconomic challenges. In the quarter, Illumina saw fantastic customer response to the recently launched NovaSeq X Series. The company shipped 65 NovaSeq 6000 and the manufacturing scaling is proceeding well. It also launched the first-ever CE-marked and FDA ....

17 Dec 2022
Illumina, Inc.: Initiation of Coverage – New Launches & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)

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Illumina, Inc.: Initiation of Coverage – New Launches & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)
- Published:
17 Dec 2022 -
Author:
Ishan Majumdar -
Pages:
27 -
This is our first report on Illumina, a well-known provider of sequencing and array-based solutions for genetic and genomic analysis. The company had a great quarter with growth in revenue on part with Wall Street expectations in spite of macroeconomic challenges. In the quarter, Illumina saw fantastic customer response to the recently launched NovaSeq X Series. The company shipped 65 NovaSeq 6000 and the manufacturing scaling is proceeding well. It also launched the first-ever CE-marked and FDA ....