NanoString Technologies (NSTG) Tops Q4 EPS by $1.19

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Go back to NanoString Technologies (NSTG) Tops Q4 EPS by $1.19

NanoString Technologies Releases Fourth Quarter and Full Year 2019 Operating Results and Provides 2020 Financial Outlook

February 26, 2020 4:00 PM EST

SEATTLE--(BUSINESS WIRE)-- NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for translational research, today reported financial results for the fourth quarter and year ended December 31, 2019.

Fourth Quarter Financial Highlights

Product and service revenue of $33.6 million, 42% year-over-year growth. Pro forma growth1 was 48% and reflects the impact of the Veracyte transaction on revenue recorded for Prosigna® IVD kits Instrument revenue of $13.8 million, including $7.8 million of GeoMx Digital Spatial Profiler (DSP) instrument revenue, 136% year-over-year growth Life Science consumable revenue of $14.9 million, 14% year-over-year growth Total... More