NASDAQ$QTRX

Quanterix Corporation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced financial results with a revenue growth of 46% for the quarter and 51% for the full year.

Quanterix Corporation reported strong Q4 2019 financial results, marking its ninth consecutive quarter of strong performance since going public. The company saw significant growth and technology adoption, particularly with its Simoa technology for measuring novel biomarkers.

  • Achieved 46% revenue growth in Q4 2019.
  • Experienced 51% revenue growth for the full year 2019.
  • Expanded the utility of Simoa technology for measuring biomarkers like neurofilament light chain (Nf-L).
  • Acquired UmanDiagnostics to secure the supply of Nf-L antibodies.

Headline financials

Total Revenue

$15.9M

Previous: $10.9M+46.3%
EPS (adj)

-$0.39

Previous: -$0.40+2.5%
Capital Expenditures

$544K

No prior period
Free Cash Flow

-$5.08M

No prior period
Net Income

-$11M

No prior period
Operating Income

-$11.5M

No prior period
Gross Profit

$6.87M

No prior period
Cash & Equivalents

$109M

No prior period
Total Assets

$170M

No prior period
Stock-Based Comp

$1.68M

No prior period

Revenue & EPS history

Quanterix · Revenue · Quarterly

$15.9M

Q4 2019+46.3%vs Q4 2018
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Revenue by segment

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

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

Forward guidance

Quanterix enters 2020 with a solid lineup of new differentiated instruments, serum-based biomarker assays, specialty pharma services and compelling validation stemming from over 650 Simoa-specific inclusions in publications. These advances, plus adoption momentum in drug development, are increasing the longer-term promise for our technologies in the larger, potentially more attractive, clinical landscape.

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 Q4 2019

Historical avgQ4 2019

-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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