Quanterix Q2 EPS $(0.16) Beats $(0.38) Estimate, Sales $31.03M Beat $25.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quanterix (NASDAQ:QTRX) reported Q2 earnings per share of $(0.16), beating the analyst consensus estimate of $(0.38) by 57.89%. This is a 76.12% increase over losses from the same period last year. The company also reported quarterly sales of $31.03 million, beating the analyst consensus estimate of $25.92 million by 19.71%. This is a 32.04% increase over sales from the same period last year.
August 07, 2023 | 9:16 pm
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POSITIVE IMPACT
Quanterix reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Quanterix's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100