Brief: Nanostring Technologies Releases Fourth Quarter And Full Year 2021 Operating Results

NS Wind Down Co

01/03/2022 21:01

March 1 (Reuters) - NanoString Technologies Inc  NSTG.O :
    * NANOSTRING TECHNOLOGIES RELEASES FOURTH QUARTER AND FULL
YEAR
2021 OPERATING RESULTS AND PROVIDES 2022 FINANCIAL OUTLOOK
    * NANOSTRING TECHNOLOGIES INC - Q4 PRODUCT AND SERVICE
REVENUE OF
$42.0 MILLION, 18% YEAR-OVER-YEAR GROWTH
    * NANOSTRING TECHNOLOGIES INC SEES 2022 TOTAL PRODUCT AND
SERVICE
REVENUE OF $170 TO $180 MILLION
    * NANOSTRING TECHNOLOGIES INC SEES 2022 ADJUSTED GROSS
MARGIN ON
PRODUCT AND SERVICE REVENUE OF 56% TO 58%
    * NANOSTRING TECHNOLOGIES INC SEES 2022 ADJUSTED EBITDA LOSS
OF
$55 TO $65 MILLION

Source text for Eikon:  ID:nBwbqT12Ma 
Further company coverage:  NSTG.O