NASDAQ$QTRX

Quanterix Corporation · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Announced Q4 2020 financial results, with non-GAAP revenue increasing by 36% compared to the prior year.

Quanterix reported Q4 GAAP revenue of $26.1 million and non-GAAP revenue of $21.6 million, representing a 36% increase compared to the previous year. The company is focusing on the long-term impact of COVID-19 on human health and scaling its operations to meet the growing demand for ultra-sensitive protein analytical tools.

  • Q4 GAAP revenue including Grant Revenue was $26.1M.
  • Q4 non-GAAP revenue was $21.6M, a 36% increase versus prior year.
  • The company is addressing the pandemic crisis and advances in Alzheimer's therapies.
  • Quanterix is scaling to support this unprecedented opportunity in precision health.

Headline financials

Total Revenue

$26.1M

Previous: $15.9M+64.2%
EPS (adj)

-$0.31

Previous: -$0.39+20.5%
Capital Expenditures

$1.78M

Previous: $544K+227.4%
Free Cash Flow

$2.87M

Previous: -$5.08M+156.6%
Net Income

-$9.82M

Previous: -$11M+10.4%
Operating Income

-$9.93M

Previous: -$11.5M+13.5%
Gross Profit

$15.1M

Previous: $6.87M+119.2%
Cash & Equivalents

$182M

Previous: $109M+66.4%
Total Assets

$271M

Previous: $170M+59.5%
Stock-Based Comp

$3.13M

Previous: $1.68M+86.8%

Revenue & EPS history

Quanterix · Revenue · Quarterly

$26.1M

Q4 2020+64.2%vs Q4 2019
Beat estimate in 10 of 15 quarters(67%)
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 is entering 2021 on strong footing, scaling to support the unprecedented opportunity in precision health, and focusing on analytical tools to support disease studies, diagnostics, and drug development.

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 2020

Historical avgQ4 2020

-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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