Natera Reports Fourth Quarter and Year 2020 Financial Results
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Natera (NTRA) Misses Q4 EPS by 27c, Revenues Beat; Offers FY21 Revenues Guidance Above Consensu
February 25, 2021 5:44 PM ESTNatera (NASDAQ: NTRA) reported Q4 EPS of ($0.89), $0.27 worse than the analyst estimate of ($0.62). Revenue for the quarter came in at $112.4 million versus the consensus estimate of $106.62 million.
Recent Accomplishments & Highlights
Generated total revenues of $112.4 million in the fourth quarter of 2020 compared to $83.2 million in the fourth quarter of 2019, an increase of 35.1%. Product revenues grew 43% over the same period.Generated total revenues of $391 million in the year 2020 compared to $302.3 million in the year 2019, an increase of 29.3%, exceeding the 2020 revenue guidance range previously provided.Processed approximately 295,000 tests in the fourth quarter of 2020 and 1,026,500... More