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

NS Wind Down Co

03/05/2023 22:02

* NanoString Technologies Inc  NSTG.OQ  reported a quarterly
adjusted loss of 88 cents​​ per share for the quarter ended in
March. The mean expectation of seven analysts for the quarter
was for a loss of 73 cents per share.
    * Revenue rose 15.2% to $35.81 million from a year ago;
analysts
expected $33.14 million. 
    * NanoString Technologies Inc's reported EPS for the quarter
was a
loss of 88 cents​.
    * The mean earnings estimate of analysts had fallen by
about 43.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * NanoString Technologies Inc shares had fallen by 5.2% this
quarter and gained 17.8% so far this year.
    * The company reported a quarterly loss of $41.24 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 LSEG Refinitiv data May
3 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.73          -0.88          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