Natera Announces Preliminary Q4 Revenue of $300M (Vs $276.02M Est) up by 38% YoY, FY23 Revenue of $1.07B (Vs $1.05B Est), up by 30% YoY
Portfolio Pulse from Benzinga Newsdesk
Natera, Inc. (NASDAQ:NTRA) reported preliminary Q4 revenue of $300M, surpassing estimates of $276.02M and marking a 38% increase YoY. Full-year revenue for 2023 is expected to be $1.07B, exceeding the $1.05B estimate and showing a 30% growth from the previous year.
January 09, 2024 | 12:13 pm
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Natera's Q4 revenue of $300M and FY23 revenue of $1.07B both exceeded analyst estimates, indicating robust growth and financial performance.
Natera's reported revenues for both Q4 and the full year of 2023 have surpassed analyst estimates, which is a strong positive signal for investors. This outperformance is likely to instill confidence in the company's growth trajectory and could lead to a short-term increase in stock price as the market reacts to the positive news.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100