NanoString Technologies Inc reports results for the quarter ended in December - Earnings Summary

NS Wind Down Co

01/03/2022 22:01

* NanoString Technologies Inc  NSTG.OQ  reported a quarterly
adjusted loss of 64 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for a loss of 59 cents per share.
    * Revenue rose 17.1% to $42.46 million from a year ago; 
analysts
expected $41.48 million. 
    * NanoString Technologies Inc's reported EPS for the quarter
was a
loss of 64 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * NanoString Technologies Inc shares had fallen by 16.0%
this
quarter.
    * The company reported a quarterly loss of $29.26 million.
    * Wall Street's median 12-month price target for NanoString
Technologies Inc is $65.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 1 at 10:01 p.m.  ​All
figures in US dollars unless otherwise stated