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Natera Q1 2023 Earnings Report

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$161.88 +3.79 (+2.40%)
(As of 12/20/2024 05:51 PM ET)

Natera EPS Results

Actual EPS
-$1.23
Consensus EPS
-$1.18
Beat/Miss
Missed by -$0.05
One Year Ago EPS
-$1.45

Natera Revenue Results

Actual Revenue
$241.76 million
Expected Revenue
$227.43 million
Beat/Miss
Beat by +$14.33 million
YoY Revenue Growth
+24.50%

Natera Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

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Natera Earnings Headlines

Most People Are Dead Wrong.
Turn on any financial news outlet at any given moment and within minutes you're guaranteed to see headlines about artificial intelligence. Everyone's talking about AI right now. But see, I've been talking about it for years.
Natera (NTRA) Receives a Buy from TD Cowen
Natera price target raised to $200 from $160 at JPMorgan
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About Natera

Natera (NASDAQ:NTRA), a diagnostics company, develops and commercializes molecular testing services worldwide. Its products include Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus, as well as in twin pregnancies; Horizon carrier screening test for individuals and couples determine if they are carriers of genetic variations that cause certain genetic conditions; Vistara single-gene NIPT screens for 25 single-gene disorders that cause severe skeletal, cardiac, and neurological conditions; Spectrum, preimplantation genetic tests for couples undergoing IVF; Anora that analyzes miscarriage tissue from women; Empower, a hereditary cancer screening test; and non-invasive prenatal paternity product, which allows a couple to establish paternity without waiting for the child to be born. The company also provides Signatera, a ctDNA blood test for molecular residual disease assessment and surveillance of disease recurrence in patients previously diagnosed with cancer; Altera, a tissue based comprehensive genomic profiling test; Prospera to assess active rejection in patients who have undergone kidney, heart, and lung transplantation; and Renasight, a kidney gene panel test. In addition, it offers Constellation, a cloud-based software product that enables laboratory customers to gain access through the cloud to the company's algorithms and bioinformatics to validate and launch tests. The company offers products through its direct sales force, as well as through a network of laboratory and distribution partners. It has a partnership agreement with BGI Genomics Co., Ltd. to develop, manufacture, and commercialize NGS-based genetic testing assays; and Foundation Medicine, Inc. to develop and commercialize personalized circulating tumor DNA monitoring assays. The company was founded in 2003 and is headquartered in Austin, Texas.

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