Natera Q4 2023 GAAP EPS $(0.65) Beats $(0.72) Estimate, Sales $311.10M Beat $285.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
Natera (NASDAQ:NTRA) reported Q4 2023 earnings with a GAAP EPS of $(0.65), surpassing the $(0.72) estimate. Sales reached $311.10M, exceeding the $285.58M forecast, marking a 43.17% increase from the previous year.
February 28, 2024 | 9:08 pm
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POSITIVE IMPACT
Natera reported a better-than-expected Q4 2023 with EPS of $(0.65) and sales of $311.10M, exceeding estimates and showing significant year-over-year growth.
Natera's earnings and sales beat not only demonstrates the company's ability to surpass analyst expectations but also indicates a strong year-over-year growth in sales by 43.17%. This positive performance, especially in sales, could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100