Shares of Natera NTRA rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share fell 64.44% over the past year to ($0.74), which beat the estimate of ($1.02).
Revenue of $152,316,000 rose by 62.02% from the same period last year, which beat the estimate of $114,370,000.
Outlook
Natera Sees FY21 Revs $550M-$575M Vs $514.68M Est; Sees 2021 Gross Margin ~52%-55% Of Revenues
Details Of The Call
Date: May 06, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/29k86t7p
Technicals
52-week high: $127.19
52-week low: $35.51
Price action over last quarter: down 10.63%
Company Overview
Natera Inc is operative in the healthcare field in the United States. Its core business is to offer invasive and other means of diagnosing the genetic features of a fetus. Natera's array of diagnostic services include Panorama Non-Invasive Prenatal Test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother, Anora Products of Conception (POC) test to analyze fetal chromosomes to understand the cause of miscarriage, and Non-Invasive Paternity Testing (PAT), to determine paternity by studying the fragments of fetal deoxyribonucleic acid (DNA) in a pregnant mother's blood and a blood sample from the alleged father. The Company acquires its revenue by billing an insurance carrier, a clinic, or a patient for the test upon delivery of the test result.
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