NanoString Technologies (NASDAQ:NSTG) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
NanoString Technologies beat estimated earnings by 19.18%, reporting an EPS of $-0.59 versus an estimate of $-0.73.
Revenue was up $4.72 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.37 which was followed by a 5.02% drop in the share price the next day.
Here’s a look at NanoString Technologies’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.58 | -0.51 | -0.68 | -0.56 |
| EPS Actual | -0.95 | -0.79 | -0.64 | -0.86 |
| Revenue Estimate | 33.71M | 35.60M | 32.32M | 33.59M |
| Revenue Actual | 34.42M | 29.54M | 32.22M | 31.08M |
To track all earnings releases for NanoString Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
