Illumina CEO: Q3 Beat Expectations, Q4 Outlook Raised; Growth Target Stands for 2027

Illumina CEO Jacob Thaysen said the company beat expectations in the third quarter and raised its fourth-quarter outlook, according to Bloomberg. He said Illumina has shifted from essentially flat performance to mid-single-digit growth over the past 18 months and remains committed to its high-single-digit growth target for 2027. Clinical business is the main growth driver. Thaysen spoke with Romaine Bostick on “The Close.”