NanoString Technologies (NASDAQ:NSTG) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
NanoString Technologies missed estimated earnings by 53.57%, reporting an EPS of $-0.86 versus an estimate of $-0.56.
Revenue was down $537.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 4.28% increase in the share price the next day.
Here's a look at NanoString Technologies's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.59 | -0.54 | -0.54 | -0.54 |
| EPS Actual | -0.64 | -0.69 | -0.60 | -0.62 |
| Revenue Estimate | 41.47M | 37.79M | 32.37M | 30.51M |
| Revenue Actual | 42.45M | 37.15M | 33.86M | 31.62M |
To track all earnings releases for NanoString Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
