Illumina Inc (NAS:ILMN)

$ 148.53 1 (0.68%) Market Cap: 23.40 Bil Enterprise Value: 24.11 Bil PE Ratio: 0 PB Ratio: 10.97 GF Score: 79/100

Illumina Inc at Piper Sandler Healthcare Conference Transcript

Nov 30, 2022 / 02:00PM GMT

Release Date Price: $211.98 (+4.56%)

Transcript

David Michael Westenberg

Piper Sandler & Co., Research Division - MD & Senior Research Analyst

All right. Thank you, everybody, for coming. Thank you, Illumina, for coming.

Questions & Answers

David Michael Westenberg

Piper Sandler & Co., Research Division - MD & Senior Research Analyst

I'm just going to start off with some of the weakness in the stock yesterday. Some of the things I heard from investors was -- number one, some of the 5% reduction in workforce, if that came before or after -- or you knew about that before or after when you gave long-range guidance or and even guidance for next year. And then number 2 is on the debt rate. So you've talked about some of the refi and some of the dynamics around the refinancing and kick it off that way.

Francis A. deSouza

Illumina, Inc. - CEO & Director

Yes. So look, our expectations on the long-range forecast that we gave or expectations that we gave have not changed, right? So we do expect that NGS and its ability to change how biology

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