NanoString Technologies (NSTG) Misses Q4 EPS by 5c

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Go back to NanoString Technologies (NSTG) Misses Q4 EPS by 5c

NanoString Technologies Releases Fourth Quarter and Full Year 2021 Operating Results and Provides 2022 Financial Outlook

March 1, 2022 4:00 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 fourth quarter and year ended December 31, 2021.

Fourth Quarter Financial Highlights

Product and service revenue of $42.0 million, 18% year-over-year growth GeoMx® Digital Spatial Profiler (DSP) revenue of $18.0 million, 48% year-over-year growth. GeoMx DSP revenue includes: Instrument revenue of $11.9 million, 27% year-over-year growth Consumables revenue of $6.1 million, 117% year-over-year growth, annualized pull-through of approximately $109,000 per installed system nCounter revenue, inclusive of all service revenue, of... More