Illumina Stock Crumbles As Earnings Guidance Completely Misses Forecasts

Illumina Stock Crumbles As Earnings Guidance Completely Misses Forecasts

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Late Wednesday, Illumina (ILMN) reported adjusted earnings of 32 cents per share on $1.18 billion in second-quarter sales. In response, ILMN stock plunged. On average, analysts surveyed by FactSet expected Illumina to earn 2 cents per share and report $1.16 billion in sales. In the year-earlier…

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