Quanterix Q4 revenue rises 25%

Quanterix Corporation -0.20% Post

Quanterix Corporation

QTRX

5.01

5.01

-0.20%

0.00% Post


Overview

  • Biomarker detection firm's Q4 revenue rose 25% yr/yr

  • Company expects cash flow breakeven in 2026

  • Submitted FDA notification for Alzheimer's blood test


Outlook

  • Quanterix expects 2026 revenue of $169 to $174 mln

  • Company anticipates cash flow breakeven in second half of 2026

  • Quanterix expects to end 2026 with $100 mln in cash and no debt


Result Drivers

  • PRODUCT REVENUE GROWTH - Q4 revenue increased 25% yr/yr, driven by product revenue growth

  • COST SAVINGS - Implemented $74 mln of cost savings related to Akoya transaction, with 94% of integration milestones complete


Company press release: ID:nBw5QkcNCa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Product Revenue

$29.22 mln

Q4 Net Income

-$23.12 mln

Q4 Basic EPS

-$0.49

Q4 Gross Profit

$20.04 mln

Q4 Operating Expenses

$44.79 mln

Q4 Operating Income

-$24.75 mln


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."

  • Wall Street's median 12-month price target for Quanterix Corp is $7.50, about 14.5% above its February 27 closing price of $6.55


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


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