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

NS Wind Down Co

10/05/2022 22:52

* NanoString Technologies Inc  NSTG.OQ  reported a quarterly
adjusted loss of 86 cents​​ per share for the quarter ended in
March. The mean expectation of six analysts for the quarter was
for a loss of 56 cents per share.
    * Revenue fell 1.7% to $31.08 million from a year ago; 
analysts
expected $33.59 million. 
    * NanoString Technologies Inc's reported EPS for the quarter
was a
loss of 86 cents​.
    * The mean earnings estimate of analysts had risen by
about 6.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * NanoString Technologies Inc shares had fallen by 56.7%
this
quarter and lost 64.3% so far this year.
    * The company reported a quarterly loss of $39.5 million.
    * Wall Street's median 12-month price target for NanoString
Technologies Inc is $45.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 10 at 09:51 p.m.  ​All
figures in US dollars unless otherwise stated