Natera (NTRA) Tops Q4 EPS by 12c; offers guidance

Natera (NASDAQ: NTRA) reported Q4 EPS of ($0.65), $0.12 better than the analyst estimate of ($0.77). Revenue for the quarter came in at $311.1 million versus the consensus estimate of $276.09 million.

GUIDANCE:

Natera sees FY2024 revenue of $1.32-1.35 billion, versus the consensus of $1.273 billion.

2024 gross margin to be approximately 50% to 53% of revenues; selling, general and administrative costs to be approximately $630 million to $650 million; research and development costs to be $325 million to $345 million, and net cash consumption to be $50 million to $75 million

For earnings history and earnings-related data on Natera (NTRA) click here.

You May Also Be Interested In

• EU proposes to curb Airbnb and short-term rentals amid housing shortage
• Dell’s earning report was bullish for Intel CPU demand, analyst says
• BRP Inc. (DOO) Reports Q2 Loss of Cd$0.18