Illumina, Inc. (ILMN) Q4 2022 Earnings Call Transcript

Illumina, Inc. (NASDAQ:ILMN) Q4 2022 Earnings Conference Call February 7, 2023 5:00 PM ET

Company Participants

Sallilyn Schwartz - VP, IR

Joydeep Goswami - CFO, Chief Strategy & Corporate Development Officer

Francis deSouza - CEO & Director

Conference Call Participants

Puneet Souda - SVB Securities

Daniel Arias - Stifel, Nicolaus & Company

Daniel Brennan - Cowen and Company

Vijay Kumar - Evercore ISI

Tejas Savant - Morgan Stanley

Sung Ji Nam - Scotiabank

David Westenberg - Piper Sandler & Co.

Operator

Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2022 Illumina Earnings Conference Call. [Operator Instructions].

I would now like to hand the conference over to Salli Schwartz, Vice President of Investor Relations.

Sallilyn Schwartz

Hello, everyone, and welcome to our earnings call for the fourth quarter and year-end 2022. During the call today, we will review the financial results released after the close of the market and offer commentary on our commercial activity, after which we will host a question-and-answer session. If you have not had a chance to review the earnings release, it can be found in the Investor Relations section of our website at illumina.com.

Participating for Illumina today will be Francis deSouza, President and Chief Executive Officer; and Joydeep Goswami, Chief Financial Officer and Chief Strategy and Corporate Development Officer. Francis will provide an update on the state of Illumina's business, and Joydeep will review our financial results, which include GRAIL. As a reminder, GRAIL must be held and operated separately and independently from Illumina, pursuant to the interim 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 those 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.