Quanterix Corporation

NasdaqGM:QTRX Stock Report

Market Cap: US$426.1m

Quanterix Management

Management criteria checks 2/4

Quanterix's CEO is Masoud Toloue, appointed in Apr 2022, has a tenure of 2.67 years. total yearly compensation is $5.44M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth $2.29M. The average tenure of the management team and the board of directors is 2.7 years and 4 years respectively.

Key information

Masoud Toloue

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage11.3%
CEO tenure2.7yrs
CEO ownership0.5%
Management average tenure2.7yrs
Board average tenure4yrs

Recent management updates

Recent updates

Even With A 36% Surge, Cautious Investors Are Not Rewarding Quanterix Corporation's (NASDAQ:QTRX) Performance Completely

Nov 07
Even With A 36% Surge, Cautious Investors Are Not Rewarding Quanterix Corporation's (NASDAQ:QTRX) Performance Completely

We're Hopeful That Quanterix (NASDAQ:QTRX) Will Use Its Cash Wisely

Oct 17
We're Hopeful That Quanterix (NASDAQ:QTRX) Will Use Its Cash Wisely

Quanterix Corporation: Still Struggling To Gain Traction

Aug 26

Take Care Before Jumping Onto Quanterix Corporation (NASDAQ:QTRX) Even Though It's 26% Cheaper

Aug 15
Take Care Before Jumping Onto Quanterix Corporation (NASDAQ:QTRX) Even Though It's 26% Cheaper

Positive Sentiment Still Eludes Quanterix Corporation (NASDAQ:QTRX) Following 25% Share Price Slump

Jun 27
Positive Sentiment Still Eludes Quanterix Corporation (NASDAQ:QTRX) Following 25% Share Price Slump

Quanterix Corporation's (NASDAQ:QTRX) 31% Cheaper Price Remains In Tune With Revenues

Apr 14
Quanterix Corporation's (NASDAQ:QTRX) 31% Cheaper Price Remains In Tune With Revenues

Quanterix (NASDAQ:QTRX) Is In A Strong Position To Grow Its Business

Apr 05
Quanterix (NASDAQ:QTRX) Is In A Strong Position To Grow Its Business

Quanterix Corporation (NASDAQ:QTRX) Yearly Results: Here's What Analysts Are Forecasting For This Year

Mar 03
Quanterix Corporation (NASDAQ:QTRX) Yearly Results: Here's What Analysts Are Forecasting For This Year

Here's Why We're Not Too Worried About Quanterix's (NASDAQ:QTRX) Cash Burn Situation

Oct 12
Here's Why We're Not Too Worried About Quanterix's (NASDAQ:QTRX) Cash Burn Situation

We're Not Very Worried About Quanterix's (NASDAQ:QTRX) Cash Burn Rate

Jun 12
We're Not Very Worried About Quanterix's (NASDAQ:QTRX) Cash Burn Rate

We Think Quanterix (NASDAQ:QTRX) Can Afford To Drive Business Growth

Feb 10
We Think Quanterix (NASDAQ:QTRX) Can Afford To Drive Business Growth

Quanterix Corporation: Selling For Less Than Cash Value

Sep 28

We Think Quanterix (NASDAQ:QTRX) Can Afford To Drive Business Growth

Sep 23
We Think Quanterix (NASDAQ:QTRX) Can Afford To Drive Business Growth

Quanterix stock gains after insider buys reported by CEO and CFO

Aug 17

We're Hopeful That Quanterix (NASDAQ:QTRX) Will Use Its Cash Wisely

Mar 28
We're Hopeful That Quanterix (NASDAQ:QTRX) Will Use Its Cash Wisely

CEO Compensation Analysis

How has Masoud Toloue's remuneration changed compared to Quanterix's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$36m

Jun 30 2024n/an/a

-US$40m

Mar 31 2024n/an/a

-US$36m

Dec 31 2023US$5mUS$615k

-US$28m

Sep 30 2023n/an/a

-US$41m

Jun 30 2023n/an/a

-US$66m

Mar 31 2023n/an/a

-US$85m

Dec 31 2022US$3mUS$541k

-US$100m

Sep 30 2022n/an/a

-US$98m

Jun 30 2022n/an/a

-US$79m

Mar 31 2022n/an/a

-US$66m

Dec 31 2021US$4mUS$279k

-US$56m

Compensation vs Market: Masoud's total compensation ($USD5.44M) is above average for companies of similar size in the US market ($USD2.16M).

Compensation vs Earnings: Masoud's compensation has increased whilst the company is unprofitable.

CEO

Masoud Toloue (43 yo)

2.7yrs

Tenure

US$5,435,274

Compensation

Dr. Masoud Toloue, Ph D., serves as Chief Executive Officer, President and Director of Quanterix Corporation since April 25, 2022. He served as Head of Diagnostics Business of Quanterix Corporation until A...

Leadership Team

NamePositionTenureCompensationOwnership
Masoud Toloue
President2.7yrsUS$5.44m0.54%
$ 2.3m
David Walt
Co-Founder17.9yrsUS$247.25k3.85%
$ 16.4m
Vandana Sriram
CFO & Treasurer1.3yrsUS$1.35m0.0077%
$ 32.9k
Michael Miller
Chief Operating Officerless than a yearno datano data
Alexandra Phillips
Senior VP & Chief Information Officerno datano datano data
Laurie Churchill
Senior VP1.8yrsno datano data
Naren Bhat
Senior Vice President of Corporate Development & Strategy1.3yrsno datano data
Erica Bell
Chief People Officer2.9yrsno datano data
Mark Roskey
Chief Science & Collaboration Officer10.3yrsUS$1.28mno data
Darrin Crisitello
Senior VP & Chief Commercial Officer3.9yrsno datano data

2.7yrs

Average Tenure

52yo

Average Age

Experienced Management: QTRX's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Masoud Toloue
President2.7yrsUS$5.44m0.54%
$ 2.3m
David Walt
Co-Founder17.7yrsUS$247.25k3.85%
$ 16.4m
Paul Meister
Independent Director11.3yrsUS$259.96k0.76%
$ 3.2m
William P. Donnelly
Independent Director1.3yrsUS$418.58k0.061%
$ 258.8k
Martin Madaus
Independent Chairman14.1yrsUS$275.00k0.73%
$ 3.1m
Ivana Magovcevic-Liebisch
Directorless than a yearno datano data
Robert Corn
Member of Scientific Advisory Board16.1yrsno datano data
Sarah Elizabeth McConnell
Independent Director5.4yrsUS$259.96k0.11%
$ 476.2k
John Ramsey
Member of Scientific Advisory Boardno datano datano data
Larry Kricka
Member of Scientific Advisory Boardno datano datano data
Jeffrey Elliott
Directorless than a yearno datano data
Karen Flynn
Independent Director2.5yrsUS$251.63k0.038%
$ 161.9k

4.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: QTRX's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 03:48
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Quanterix Corporation is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sung Ji NamBTIG
Kyle MiksonCanaccord Genuity
Matthew SykesGoldman Sachs