India, March 10 -- Illumina, Inc. (ILMN) responded on Monday to the notice from the China Ministry of Commerce stating that it is not permitted to export sequencing instruments into China. Illumina said it now expects Core Illumina's fiscal 2025 adjusted earnings per share of approximately $4.50.
Previously, the company expected adjusted earnings per share of $4.50 to $4.65.
Illumina said it would continue to comply with all applicable laws and regulations wherever the company operates.
"We remain focused on achieving high-single-digit revenue growth by 2027, while expanding our margins," said Jacob Thaysen, CEO of Illumina. "We are confident in the large global market opportunity for our solutions, the strength of our business, and our ...