Quanterix Corp reports results for the quarter ended in March - Earnings Summary

Quanterix

09/05/2023 22:02

* Quanterix Corp  QTRX.OQ  reported a quarterly adjusted
loss
of 16 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 38 cents per share.
    * Revenue fell 3.7% to $28.46 million from a year ago;
analysts
expected $25.40 million. 
    * Quanterix Corp's reported EPS for the quarter was a loss
of 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 12.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Quanterix Corp shares had risen by 53.4% this quarter and
gained 24.8% so far this year.
    * The company reported a quarterly loss of $6.1 million.
    * Wall Street's median 12-month price target for Quanterix
Corp is
$14.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.38          -0.16          Beat
 Dec. 31 2022      -0.47          -0.50          Missed
 Sep. 30 2022      -0.42          -0.95          Missed
 Jun. 30 2022      -0.48          -0.67          Missed