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Thursday, November 7, 2019

Quanterix up 26% on Q3 revenue beat

Thinly traded small cap Quanterix (QTRX +26.1%) is up on modestly higher volume after its Q3 report released after the close yesterday. Highlights:
Revenue: $14.9M (+41%); product sales: $10.7M (+80%) driven by the launch of its HD-X Analyzer and accelerated adoption of its Simoa technology.
Net loss: ($9.9M) (-28.9%).
Previously: Quanterix beats on revenue (Nov. 6)

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