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

NS Wind Down Co

07/11/2022 22:02

* NanoString Technologies Inc  NSTG.OQ  reported a quarterly
adjusted loss of 79 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for a loss of 51 cents per share.
    * Revenue fell 20.5% to $29.54 million from a year ago;
analysts
expected $35.60 million. 
    * NanoString Technologies Inc's reported EPS for the quarter
was a
loss of 79 cents​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 24.7%
this
quarter and lost 77.2% so far this year.
    * The company reported a quarterly loss of $36.69 million.
    * Wall Street's median 12-month price target for NanoString
Technologies Inc is $29.00 
    * 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 from Refinitiv data November
7 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.59          -0.64          Missed