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

Quanterix

08/11/2022 22:02

* Quanterix Corp  QTRX.OQ  reported a quarterly adjusted
loss
of 95 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was for a loss
of 42 cents per share.
    * Revenue fell 3.8% to $26.65 million from a year ago;
analysts
expected $24.03 million. 
    * Quanterix Corp's reported EPS for the quarter was a loss
of 95
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Quanterix Corp shares had fallen by 12.4% this quarter and
lost 77.2% so far this year.
    * The company reported a quarterly loss of $35.06 million.
    * Wall Street's median 12-month price target for Quanterix
Corp is
$13.50 
    * 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 Refinitiv data November
8 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.42          -0.95          Missed
 Jun. 30 2022      -0.48          -0.67          Missed
 Mar. 31 2022      -0.61          -0.49          Beat
 Dec. 31 2021      -0.66          -0.55          Beat