NanoString Technologies (NSTG) Posts Q3 Revenue of $36.9M

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NanoString Releases Operating Results for Third Quarter of 2021

November 9, 2021 4:01 PM EST

SEATTLE--(BUSINESS WIRE)-- NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today reported financial results for the third quarter ended September 30, 2021.

Third Quarter Financial Highlights

Product and service revenue of $36.9 million, 23% year-over-year growth Instrument revenue of $14.5 million, 13% year-over-year growth. Instrument revenue includes: $8.5 million of GeoMx® Digital Spatial Profiler (DSP) instrument revenue, 14% year-over-year growth $6.0 million of nCounter® Analysis System instrument revenue, 11% year-over-year growth Consumables revenue of $18.0 million, 32% year-over-year growth. Consumables revenue includes: $4.5 million GeoMx DSP... More