Quanterix Q2 2024 GAAP EPS $(0.25) Beats $(0.26) Estimate, Sales $34.381M Beat $33.701M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quanterix (NASDAQ:QTRX) reported Q2 2024 GAAP EPS of $(0.25), beating the $(0.26) estimate. Sales were $34.381M, surpassing the $33.701M estimate. Despite a 56.25% increase in losses per share from last year, sales grew by 10.80%.
August 08, 2024 | 8:31 pm
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Quanterix reported better-than-expected Q2 2024 GAAP EPS of $(0.25) and sales of $34.381M, beating estimates. Despite a significant increase in losses per share from last year, the sales growth of 10.80% is a positive indicator.
Quanterix's better-than-expected EPS and sales figures are likely to positively impact the stock price in the short term. The significant sales growth of 10.80% year-over-year, despite increased losses per share, indicates strong operational performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100