Natera Reports Fourth Quarter and Year 2019 Financial Results
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Natera (NTRA) Tops Q4 EPS by 9c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus
February 26, 2020 4:42 PM ESTNatera (NASDAQ: NTRA) reported Q4 EPS of ($0.46), $0.09 better than the analyst estimate of ($0.55). Revenue for the quarter came in at $83.2 million versus the consensus estimate of $77.83 million.
Fourth Quarter and Year Ended December 31, 2019 Financial Results
Total revenues were $83.2 million in the fourth quarter of 2019 compared to $67.0 million for the fourth quarter of 2018, an increase of 24%. The increase in total revenues was driven primarily by sales of Natera\'s Panorama and Horizon tests. Natera processed 209,400 tests in the fourth quarter of 2019, including approximately 198,300 tests accessioned in its laboratory, compared to 174,200 tests processed in the fourth quarter... More