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Shares of NanoString Technologies (NASDAQ:NSTG) were flat in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share fell 1.56% over the past year to ($0.65), which missed the estimate of ($0.60).
Revenue of $31,845,000 up by 4.06% year over year, which beat the estimate of $28,690,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
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Date: Nov 09, 2020
Time: 04:30 PM
ET Webcast URL: https://www.directeventreg.com/der/validateConferenceId.action
Recent Stock Performance
Company's 52-week high was at $46.93
52-week low: $13.85
Price action over last quarter: Up 8.91%
Company Description
NanoString Technologies Inc is a biotechnology company involved in translational research and molecular diagnostics. The product portfolio is based on a novel digital molecular barcoding technology. This technology, nCounter Analysis System, uses molecular barcodes and single-molecule imaging to distinguish and count hundreds of unique transcripts in a single reaction. Geographically, it derives maximum revenue from the Americas and also has a presence in Europe and Middle East, and the Asia Pacific. Other products and services include Analysis Solutions, GeoMx Digital Spatial Profiler, Gene Expression, Vantage 3D Assays, Sample Prep, and nCounter Consumables. The system is used for performing cancer research, biomarker validation and screening, and next-generation sequencing validation.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.