Natera (NTRA) Tops Q2 EPS by 39c, provides guidance

Natera (NASDAQ: NTRA) reported Q2 EPS of ($0.30), $0.39 better than the analyst estimate of ($0.69). Revenue for the quarter came in at $413.3 million versus the consensus estimate of $342.99 million.

GUIDANCE:

Natera sees FY 2024 revenue of $1.49-1.52 billion, versus the consensus of $1.435 billion. 2024 gross margin to be approximately 54% to 56% of revenues; selling, general and administrative costs to be approximately $700 million to $750 million; research and development costs to be $350 million to $375 million; and net cash (outflow) inflow to be ($25) million to $25 million3.

For earnings history and earnings-related data on Natera (NTRA) click here.

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