NASDAQ$QTRX

Quanterix Corporation · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Announced third quarter financial results, highlighting growth in consumables and instruments.

Quanterix reported strong third-quarter results driven by significant growth in consumables and instruments. The company is making progress in neurology and infectious disease with recent FDA designations.

  • Third quarter revenue driven by unprecedented growth in consumables (+98% vs PY) and instruments (+44% vs PY)
  • Simoa phospho-Tau 181 (pTau-181) blood test is a critical potential aid in the diagnostic evaluation of Alzheimer’s disease
  • Expanded EUA label for a COVID-19 test by the U.S. FDA
  • Simoa SARS-CoV-2 N Protein Antigen Test demonstrates potential for achieving asymptomatic and low-invasive clinical testing

Headline financials

Total Revenue

$27.7M

Previous: $31.4M-11.8%
EPS (adj)

-$0.43

Previous: $0.07-714.3%
Capital Expenditures

-$11.2M

Previous: -$2.15M-419.5%
Free Cash Flow

-$26.8M

Previous: $54K-49774.1%
Net Income

-$15.7M

Previous: $2.2M-810.9%
Operating Income

-$15.2M

Previous: $2.28M-768.7%
Gross Profit

$15.2M

Previous: $21.1M-27.8%
Cash & Equivalents

$411M

Previous: $173M+137.2%
Total Assets

$511M

Previous: $264M+93.4%
Stock-Based Comp

$4.01M

Previous: $2.36M+69.8%

Revenue & EPS history

Quanterix · Revenue · Quarterly

$27.7M

Q3 2021-11.8%vs Q3 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Quanterix · $20.4M total across 3 segments · Q3 2023

  • Product Revenue
    $19.7M
  • Grant Revenue
    $499K
  • Collaboration and License
    $237K

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 2021

Historical avgQ3 2021

-3.6%

Avg return

Earnings day

-5.0%

Avg return

5 days after

-1.1%

Avg return

30 days after

30%

10 / 33 earnings

Positive

+18.1%

Q3 2020

Best reaction

-57.3%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%-15.2%-0.6%
Q4 2025-7.1%-20.1%-40.1%
Q3 2025-2.0%+12.1%+47.5%
Q1 2025-19.3%-16.4%+8.0%
Q4 2024-1.8%-0.8%-29.3%
Q3 2024-19.0%-25.3%-27.1%
Q2 2024-13.5%-11.7%-5.0%
Q1 2024-1.7%-0.7%-7.0%
Q4 2023-2.8%+20.1%+0.3%
Q3 2023-1.7%-10.6%+1.2%
Q2 2023+11.0%+9.5%+15.4%
Q1 2023+1.9%-6.8%+33.5%
Q4 2022+5.9%-1.4%-1.6%
Q3 2022-2.1%+31.4%+35.9%
Q2 2022-57.3%-40.1%-45.8%
Q1 2022-16.6%+1.6%-6.1%
Q4 2021-3.1%-11.9%-13.5%
Q3 2021+3.1%-1.5%-32.6%
Q2 2021-5.0%-6.7%-6.4%
Q1 2021+0.7%-10.2%+3.4%
Q4 2020-20.8%-18.5%-25.7%
Q3 2020+18.1%+6.9%+11.5%
Q2 2020+8.5%+2.6%+1.3%
Q1 2020+3.8%-3.5%-4.1%
Q4 2019-7.0%-20.3%+7.8%
Q3 2019+16.8%+10.2%+23.8%
Q2 2019-5.4%-17.5%-17.3%
Q1 2019-4.0%-8.5%+28.0%
Q4 2018-1.1%-2.7%+10.3%
Q3 2018-0.1%-4.6%+7.0%
Q2 2018-1.3%-0.5%-0.9%
Q1 2018+4.0%+3.5%-7.4%
Q4 2017-1.2%-8.6%-1.7%
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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