NASDAQ$QTRX

Quanterix Corporation · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Quanterix announced the rescheduling of its Q4 and Full Year 2023 earnings conference call to align with the filing of its Annual Report on Form 10-K.

Quanterix rescheduled its Q4 2023 earnings call and expects its 2023 revenue, gross margin, and cash usage to align with previous guidance.

  • Quanterix rescheduled its Q4 and Full Year 2023 earnings conference call.
  • The rescheduling aims to align the release of financial results with the filing of the Annual Report on Form 10-K.
  • The investor call was rescheduled to February 29, 2024.
  • Quanterix reaffirmed that it expects 2023 revenue, gross margin, and cash usage to be in line with the guidance provided on January 10, 2024.

Headline financials

Total Revenue

$31.5M

Previous: $25.8M+22.2%
EPS (adj)

-$0.33

Previous: -$0.50+34.0%
Capital Expenditures

-$2.22M

Previous: $1.6M-238.9%
Free Cash Flow

-$8.2M

Previous: -$5.69M-44.2%
Net Income

-$12.4M

Previous: -$18.6M+33.3%
Operating Income

-$18.1M

Previous: -$22.3K-80958.3%
Gross Profit

$13.1M

Previous: $48.80+26817523.0%
R&D Expense

$6.99M

No prior period
Stock-Based Comp

$4.33M

Previous: $3.66M+18.1%

Revenue & EPS history

Quanterix · Revenue · Quarterly

$31.5M

Q4 2023+22.2%vs Q4 2022
Beat estimate in 13 of 15 quarters(87%)
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 Q4 2023

Historical avgQ4 2023

-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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