Natera: Q3 Earnings Snapshot

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Natera Inc. (NTRA) on Tuesday reported a loss of $31.6 million in its third quarter.

The Austin, Texas-based company said it had a loss of 26 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share.

The genetic testing company posted revenue of $439.8 million in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $361.2 million.

Natera expects full-year revenue in the range of $1.61 billion to $1.64 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTRA at https://www.zacks.com/ap/NTRA

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up