CORRECTION: NanoString Technologies Q2 Adj $(0.58) Beats $(0.67) Estimate, Sales $44.16M Beat $42.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
NanoString Technologies (NASDAQ:NSTG) reported Q2 losses of $(0.58) per share, beating the analyst consensus estimate of $(0.67) by 13.43%. This is a 9.38% increase over losses from the same period last year. The company also reported quarterly sales of $44.16 million, beating the analyst consensus estimate of $42.53 million by 3.83%. This is a 37.05% increase over sales from the same period last year.
August 04, 2023 | 2:44 pm
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NanoString Technologies reported better than expected Q2 results, with both losses per share and sales beating analyst estimates. This could potentially lead to a positive market reaction.
NanoString Technologies reported better than expected Q2 results, with both losses per share and sales beating analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100