NTRA - Natera GAAP EPS of -$0.97 beats by $0.11 revenue of $261.4M beats by $19.87M
2023-08-03 16:53:46 ET
- Natera press release ( NASDAQ: NTRA ): Q2 GAAP EPS of -$0.97 beats by $0.11 .
- Revenue of $261.4M (+31.9% Y/Y) beats by $19.87M .
- Outlook: Natera is raising its expectations for 2023 total revenue from $995 million to $1.015 billion to a new range of $1.015 billion to $1.035 billion.
- The Company expects 2023 gross margin to be approximately 41% to 44% of revenues; selling, general and administrative costs to be approximately $540 million to $580 million; research and development costs to be approximately $325 million to $345 million; and net cash consumption to be approximately $300 million to $325 million.
- Shares +5.99% .
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Natera GAAP EPS of -$0.97 beats by $0.11, revenue of $261.4M beats by $19.87M