ASeq Newsletter

ASeq Newsletter

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ASeq Newsletter
ASeq Newsletter
Illumina Margins

Illumina Margins

Dec 02, 2021
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ASeq Newsletter
ASeq Newsletter
Illumina Margins
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Quite some time ago I went through Illumina’s financial statements and tried to estimate their consumable profit margin. This is somewhat tricky because consumable and instruments costs are not broken down separately.

However they do breakdown instrument and consumables revenue. There are also quarters where instrument revenue was static, but consumables…

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