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

NS Wind Down Co

28/02/2023 22:03

* NanoString Technologies Inc  NSTG.OQ  reported a quarterly
adjusted loss of 95 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for a loss of 58 cents per share.
    * Revenue fell 18.9% to $34.42 million from a year ago;
analysts
expected $33.71 million. 
    * NanoString Technologies Inc's reported EPS for the quarter
was a
loss of 95 cents​.
    * The mean earnings estimate of analysts had risen by
about 6.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * NanoString Technologies Inc shares had risen by 19.2% this
quarter.
    * The company reported a quarterly loss of $44.11 million.
    * Wall Street's median 12-month price target for NanoString
Technologies Inc is $15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 10:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.58          -0.95          Missed
 Sep. 30 2022      -0.51          -0.79          Missed
 Jun. 30 2022      -0.68          -0.85          Missed
 Mar. 31 2022      -0.59          -0.86          Missed