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Quanterix Q1 2023 Earnings Report

Quanterix logo
$10.50 +0.51 (+5.11%)
(As of 12/20/2024 05:16 PM ET)

Quanterix EPS Results

Actual EPS
-$0.16
Consensus EPS
-$0.36
Beat/Miss
Beat by +$0.20
One Year Ago EPS
N/A

Quanterix Revenue Results

Actual Revenue
$28.46 million
Expected Revenue
$25.46 million
Beat/Miss
Beat by +$3.00 million
YoY Revenue Growth
N/A

Quanterix Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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About Quanterix

Quanterix (NASDAQ:QTRX), a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers HD-X instrument, a protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection in an expanded range of applications. It also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assays include all components required to run enzyme-based immunoassay, such as beads, capture and detector reagents, and enzyme reagents and substrate; and replacement parts, reagents, and antibodies. In addition, it offers contract research services, including sample testing, homebrew assay development, custom assay development, lucent diagnostic, and LDT testing services. The company primarily operates in the areas of neurology, oncology, cardiology, infectious diseases, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct field sale, support organizations, and distributors or sales agents. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.

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