Recap: NanoString Technologies Q1 Earnings

Recap: NanoString Technologies Q1 Earnings

NanoString Technologies NSTG reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

NanoString Technologies missed estimated earnings by 53.57%, reporting an EPS of $-0.86 versus an estimate of $-0.56.

Revenue was down $537.00 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 4.28% increase in the share price the next day.

Here's a look at NanoString Technologies's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.59 -0.54 -0.54 -0.54
EPS Actual -0.64 -0.69 -0.60 -0.62
Revenue Estimate 41.47M 37.79M 32.37M 30.51M
Revenue Actual 42.45M 37.15M 33.86M 31.62M

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.59 -0.54 -0.54 -0.54
EPS Actual -0.64 -0.69 -0.60 -0.62
Revenue Estimate 41.47M 37.79M 32.37M 30.51M
Revenue Actual 42.45M 37.15M 33.86M 31.62M

To track all earnings releases for NanoString Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings