Quanterix Q4 EPS $(0.33) Misses $(0.32) Estimate, Sales $31.55M Beat $29.84M Estimate
Portfolio Pulse from Happy Mohamed
Quanterix reported Q4 earnings with a loss of $(0.33) per share, missing the $(0.32) estimate, but sales of $31.55M exceeded the $29.84M estimate, marking a 22.17% increase from last year.
February 29, 2024 | 9:15 pm
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NEUTRAL IMPACT
Quanterix's Q4 earnings showed a slight miss on EPS estimates but exceeded sales forecasts, indicating a mixed financial performance.
The slight miss in EPS might concern investors focused on profitability, but the significant beat in sales forecasts and year-over-year growth could signal underlying business strength. This mixed result makes the short-term impact neutral as investors weigh the implications.
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RELEVANCE 100