ilmn transcript

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Company Name: Illumina Inc Company Ticker: ILMN US Date: 2014-07-23 Event Description: Q2 2014 Earnings Call Market Cap: 23,194.18 Current PX: 180.64 YTD Change($): +70.05 YTD Change(%): +63.342 Bloomberg Estimates - EPS  Current Quarter: 0.526  Current Year: 2.171 Bloomberg Estimates - Sales  Current Quarter: 439.500  Current Year: 1757.810 Page 1 of 17 Q2 2014 Earnings Call Company Participants Rebe cca Cha mber s Ja y T . Fl at le y Ma rc A. Staple y Other Participants Tycho W. Pet er son Doug A. Schenkel De ri k de Br ui n Dan Anthony Ar ia s Ross J. Muken Amanda L. Murphy Da n L. Leonar d Isaac Ro Jo n Gro be rg Bi ll R. Quir k Zara k Khur shid Peter R. Lawson Br ya n P. Br okmeie r MANAGEMENT DISCUSSION SECTION Operator Good day ladies and gentlemen, and welcome to the Q2 2014 Illumina, Inc. Earnings Conference Call. My name is Whitley and I'll be your operator for today. [Operator Instructions] As a reminder, this call is being recorded for replay purposes. I would now like to turn the conference over to your host for today, Ms. Rebecca Chambers, Senior Director of Investor Relations. Please proceed. Rebecca Chambers Thank you. Good afternoon everyone, and welcome to our earnings call for the second quarter of fiscal year 2014. 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 Jay Flatley, Chief Executive Officer; Marc Stapley, Senior Vice President and Chief Financial Officer; and Francis deSouza, President. Jay will provide a brief update on the state of our business, and Marc will review our second quarter financial results archived in the Investor section of our website. It is our intent that all forward-looking statements regarding our expected 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

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