8-K
filed November 6, 2023, 6:59 PM ET
ticker QTRX
CIK 0001503274
earnings
confidence high
sentiment positive
materiality 0.75
Quanterix Q3 revenue $31.3M (+18% YoY), net loss narrows; raises full-year guidance
Quanterix Corp
2023-Q3 EPS reported
-$0.53
revenue$90,819,000
- Q3 revenue $31.3M (+18% YoY); GAAP net loss narrowed to $7.8M from $35.1M.
- GAAP gross margin improved to 56.8% (41.1% prior year); non-GAAP gross margin 48.6% (34.9%).
- FY 2023 revenue guidance raised to $118-120M from $110-116M; cash usage outlook lowered to $20-25M.
- Launched LucentAD p-Tau 217 blood-based Alzheimer's test; Simoa platform used in Eli Lilly's p-Tau 217 validation.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Quanterix Corp reported three months ended September 30, 2023 results: net income Net loss was $7.8 million as compared to $35.1 million for the corresponding prior year period..
- Period
- three months ended September 30, 2023
- Net income
- Net loss was $7.8 million as compared to $35.1 million for the corresponding prior year period.
- Result
- reported results
Exact text from the filing
Revenue was $31.3 million, an 18% increase from $26.6 million for the corresponding prior year period.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Quanterix Corp reported three months ended September 30, 2023 results: net income Net loss was $7.8 million as compared to $35.1 million for the corresponding prior year period..
- Period
- three months ended September 30, 2023
- Net income
- Net loss was $7.8 million as compared to $35.1 million for the corresponding prior year period.
- Result
- reported results
Exact text from the filing
Net loss was $7.8 million as compared to $35.1 million for the corresponding prior year period.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Quanterix Corp reported Full year 2023 results: revenue $118 to $120 million. Guidance raised.
- Period
- Full year 2023
- Revenue
- $118 to $120 million
- Guidance
- raised
- Result
- guidance update
Exact text from the filing
Management has increased full-year revenue expectations to be in the range of $118 to $120 million versus the prior range of $110 to $116 million.
View on SEC.gov
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