Quanterix (QTRX) Projected to Post Quarterly Earnings on Tuesday

Quanterix (NASDAQ:QTRX) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.69) per share and revenue of $28.27 million for the quarter. Quanterix has set its FY 2025 guidance at EPS.

Quanterix (NASDAQ:QTRX) last posted its quarterly earnings results on Monday, March 17th. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.03). The company had revenue of $35.16 million during the quarter, compared to analyst estimates of $34.93 million. Quanterix had a negative return on equity of 11.74% and a negative net margin of 30.12%. On average, analysts expect Quanterix to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Quanterix Trading Down 1.7 %

NASDAQ:QTRX opened at $5.78 on Tuesday. The stock has a market capitalization of $224.20 million, a price-to-earnings ratio of -5.45 and a beta of 1.35. The firm has a fifty day simple moving average of $6.50 and a two-hundred day simple moving average of $9.48. Quanterix has a 12 month low of $4.67 and a 12 month high of $19.18.

Wall Street Analyst Weigh In

A number of research firms have weighed in on QTRX. Scotiabank reaffirmed an “outperform” rating on shares of Quanterix in a research note on Tuesday, March 25th. Canaccord Genuity Group lowered their price objective on Quanterix from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Tuesday, March 18th.

About Quanterix

Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers HD-X instrument, a protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection in an expanded range of applications.