AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Natera Inc. (NTRA) on Thursday reported a loss of $87.5 million in its third quarter.
The Austin, Texas-based company said it had a loss of 64 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.
The genetic testing company posted revenue of $592.2 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $511.5 million.
Natera expects full-year revenue in the range of $2.18 billion to $2.26 billion.
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