NASDAQ$NTRA
Natera Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported strong Q3 2024 results driven by revenue growth and increased efficiency.
Natera reported a strong third quarter with a 63.9% increase in total revenue to $439.8 million, driven by a 64.4% increase in product revenue. The company also saw improvements in gross margin and processed more tests compared to the same period last year.
- Total revenue increased by 63.9% to $439.8 million compared to Q3 2023.
- Product revenue increased by 64.4% to $436.1 million compared to Q3 2023.
- Approximately 775,800 tests were processed in Q3 2024.
- Net loss decreased to $31.6 million, or ($0.26) per diluted share, compared to a net loss of $109.0 million in Q3 2023.
Headline financials
Revenue & EPS history
Natera · Revenue · Quarterly
$440M
Revenue by segment
Natera · $33.9M total across 1 segment · Q1 2021
- Licensing and other revenues$33.9M—100.0%
Forward guidance
Natera anticipates 2024 total revenue of $1.61 billion to $1.64 billion; 2024 gross margin to be approximately 58% to 61% of revenues; selling, general and administrative costs to be approximately $775 million to $825 million; research and development costs to be $375 million to $400 million; and net cash inflow to be $50 million to $75 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+4.4%
Avg return
Earnings day
+4.4%
Avg return
5 days after
+6.0%
Avg return
30 days after
69%
31 / 45 earnings
Positive
+29.1%
Q2 2017
Best reaction
-21.2%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.0% | -5.2% | +0.0% | |
| Q4 2025 | -3.8% | -6.0% | -15.5% | |
| Q3 2025 | +0.7% | +5.6% | +23.2% | |
| Q1 2025 | -6.9% | -6.9% | +0.7% | |
| Q4 2024 | -0.7% | -5.5% | -8.1% | |
| Q3 2024 | +20.2% | +9.0% | +24.2% | |
| Q2 2024 | +14.2% | +18.6% | +12.5% | |
| Q1 2024 | +10.1% | +10.3% | +16.2% | |
| Q4 2023 | +13.6% | +18.4% | +20.1% | |
| Q3 2023 | +4.0% | +11.2% | +33.2% | |
| Q2 2023 | +16.1% | +20.0% | +42.3% | |
| Q1 2023 | -3.6% | -3.8% | -8.1% | |
| Q4 2022 | +14.1% | +22.2% | +14.1% | |
| Q3 2022 | -13.2% | -5.3% | -9.2% | |
| Q2 2022 | +5.1% | +3.7% | -2.7% | |
| Q1 2022 | -2.0% | -18.5% | +0.5% | |
| Q4 2021 | +10.2% | +5.9% | -34.7% | |
| Q3 2021 | +3.6% | +1.2% | -22.7% | |
| Q2 2021 | +2.4% | -7.7% | +8.1% | |
| Q1 2021 | -2.9% | -14.0% | -7.1% | |
| Q4 2020 | +2.9% | +4.6% | -17.0% | |
| Q3 2020 | +9.3% | +2.3% | +16.5% | |
| Q2 2020 | +11.8% | +4.0% | +31.2% | |
| Q1 2020 | +19.8% | +28.3% | +11.6% | |
| Q4 2019 | +6.4% | +5.6% | -27.3% | |
| Q3 2019 | -3.7% | +0.3% | -1.3% | |
| Q2 2019 | +19.3% | +9.6% | +19.8% | |
| Q1 2019 | +19.8% | +26.8% | +34.3% | |
| Q4 2018 | +19.6% | +16.9% | +22.9% | |
| Q3 2018 | -21.2% | -25.2% | -20.4% | |
| Q2 2018 | +0.2% | +5.2% | +8.4% | |
| Q1 2018 | +1.4% | -0.9% | +3.6% | |
| Q4 2017 | +0.3% | +17.3% | +10.1% | |
| Q3 2017 | -12.8% | -13.4% | -11.9% | |
| Q2 2017 | +29.1% | +32.4% | +64.0% | |
| Q1 2017 | +13.8% | +11.5% | +7.1% | |
| Q4 2016 | -14.8% | -15.9% | -10.8% | |
| Q3 2016 | +12.0% | +25.5% | +26.8% | |
| Q2 2016 | -5.8% | -17.2% | -21.3% | |
| Q1 2016 | +15.4% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2015 | -13.8% | — | — | |
| Q3 2014 | +2.7% | — | — | |
| Q3 2015 | +7.0% | — | — | |
| Q2 2014 | -3.6% | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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