2024-05-02 20:39:08 ET
Illumina, Inc. (ILMN)
Q1 2024 Earnings Call Transcript
May 2, 2024 05:00 PM ET
Company Participants
Salli Schwartz - Vice President, Investor Relations
Jacob Thaysen - Chief Executive Officer
Ankur Dhingra - Chief Financial Officer
Joydeep Goswami - Advisor
Conference Call Participants
Doug Schenkel - Wolfe Research
Puneet Souda - Leerink Partners
Vijay Kumar - Evercore ISI
Dan Brennan - TD Cowen
David Westenberg - Piper Sandler
Subha Nambi - Guggenheim Securities
Sung Ji Nam - Scotiabank
Tejas Savant - Morgan Stanley
Mason Carrico - Stephens
Rachel Vatnsdal - JPMorgan
Patrick Donnelly - Citi
Eve Burstein - Bernstein Research
Conor McNamara - RBC Capital Markets
Presentation
Operator
Good day, ladies and gentlemen, and welcome to the First Quarter 2024 Illumina Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. Please be advised that today's conference is being recorded.
I would now like to hand the conference over to Salli Schwartz, Vice President of Investor Relations.
Salli Schwartz
Hello, everyone, and welcome to our earnings call for the first quarter of 2024. During the call today, we will review the financial results we released after the close of market and offer commentary on our commercial and regulatory activity, after which we will host a question-and-answer session. Our earnings release can be found in the Investor Relations section of our website at illumina.com.
Providing prepared remarks for Illumina today will be Jacob Thaysen, Chief Executive Officer; and Ankur Dhingra, Chief Financial Officer. Jacob will provide an update on the state of Illumina's business and Ankur will review our financial results, which include GRAIL. Joydeep Goswami who is serving as an advisor to the company through June 30 will then join us for Q&A.
As a reminder, GRAIL must be held and operated separately and independently from Illumina, pursuant to the transitional measures ordered by the European Commission, which prohibited our acquisition of GRAIL under the EU merger regulation.
This call is being recorded and the audio portion will be archived in the Investors section of our website. It is our intent that all forward-looking statements regarding our financial results and commercial activity made during today's call will be protected under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties. Actual events or results may differ materially from those projected or discussed. All forward-looking statements are based upon current available information, and Illumina assumes no obligation to update these statements. To better understand the risks and uncertainties that could cause actual results to differ, we refer you to the documents that Illumina files with the Securities and Exchange Commission including Illumina's most recent Forms 10-Q and 10-K....
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Illumina, Inc. (ILMN) Q1 2024 Earnings Call Transcript