secwatch.observer — SEC 8-K summary
======================================

Issuer:     Quanterix Corp (QTRX)
CIK:        0001503274
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001558370-23-008804
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quanterix Q1 revenue $28.5M, net loss narrows; raises FY 2023 revenue guidance to $104-111M
--------------------------------------------------------------------------------

- Q1 2023 revenue $28.5M, down 4% YoY from $29.6M, but up 10% sequentially from Q4 2022.
- GAAP gross margin improved to 59.5% from 49.3% YoY; non-GAAP gross margin 53.1%.
- Net loss narrowed 66% to $6.1M from $18.2M in Q1 2022.
- Unrestricted cash $329.4M; cash burn $9.1M in Q1.
- Raised FY 2023 revenue guidance to $104-111M (core +9% YoY); expects GAAP gross margin high 40s.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1503274/000155837023008804/0001558370-23-008804-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1503274/000155837023008804/tmb-20230509x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-008804

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer