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Quanterix Corporation (QTRX) Reports Q1 Loss, Tops Revenue Estimates
QTRXQuanterix(QTRX) ZACKS·2025-05-12 22:10

Financial Performance - Quanterix Corporation reported a quarterly loss of 0.53pershare,betterthantheZacksConsensusEstimateofalossof0.53 per share, better than the Zacks Consensus Estimate of a loss of 0.69, but worse than a loss of 0.26pershareayearago,indicatinganearningssurpriseof23.190.26 per share a year ago, indicating an earnings surprise of 23.19% [1] - The company posted revenues of 30.33 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 8.99%, although this is a decline from year-ago revenues of 32.07million[2]−Overthelastfourquarters,Quanterixhassurpassedconsensusrevenueestimatesthreetimes[2]StockPerformance−Quanterixshareshavedeclinedapproximately50.332.07 million [2] - Over the last four quarters, Quanterix has surpassed consensus revenue estimates three times [2] Stock Performance - Quanterix shares have declined approximately 50.3% since the beginning of the year, compared to a decline of 3.8% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -0.38 on revenues of 30.83million,andforthecurrentfiscalyear,itis−30.83 million, and for the current fiscal year, it is -1.62 on revenues of $138.32 million [7] Industry Outlook - The Medical - Products industry, to which Quanterix belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Quanterix's stock performance [5]