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NTRA - Natera launches follow-on offering of $350M shares
Natera Inc.
Genetic test maker Natera has launched a follow-on public offering of $350M common shares.The company expects to grant a 30-day option for underwriters to buy another $52.5M of shares at the offer price. The pricing and other terms of the offering remain undisclosed.Natera expects its Q221 revenue to beat consensus estimates, with a preliminary range of ~$138-$141M vs. consensus of $127.48M, representing ~60% Y/Y growth.