Natera Third Quarter 2024 Earnings: Beats Expectations

Natera (NASDAQ:NTRA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$439.8m (up 64% from 3Q 2023).
• Net loss: US$31.6m (loss narrowed by 71% from 3Q 2023).
• US$0.26 loss per share (improved from US$0.95 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Natera Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates by 56%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are up 27% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Natera.

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