QTRX Q1 2023 Earnings — Quanterix Corporation Revenue & Financial Results | Market Cap Arena

QTRXQuanterix Corporation

$239M

Q1 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$28M-4.5% YoY

Gross Profit

$17M59.2% margin

Operating Income

-$9M-33.4% margin

Net Income

-$6M-21.6% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+10.2%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$427M

Total Liabilities

$70M

Stockholders' Equity

$357M

Cash & Equivalents

$329M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$28M	$30M	-4.5%
Gross Profit	$17M	$15M	+14.7%
Operating Income	-$9M	-$18M	+48.2%
Net Income	-$6M	-$18M	+66.4%

Revenue Segments

Service-type warranties and research services

$10M46%

Product revenue

$7M32%

Service and other revenue

$4M20%

Undelivered licenses of intellectual property

$500,0002%

Geographic Segments

EMEA

$706,00084%

Asia Pacific

$135,00016%