QTRX Q1 2024 Earnings — Quanterix Corporation Revenue & Financial Results | Market Cap Arena

QTRXQuanterix Corporation

$239M

Q1 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$32M+12.6% YoY

Gross Profit

$18M57.5% margin

Operating Income

-$15M-47.7% margin

Net Income

-$11M-35.1% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$412M

Total Liabilities

$70M

Stockholders' Equity

$341M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$28M	+12.6%
Gross Profit	$18M	$17M	+9.4%
Operating Income	-$15M	-$9M	-60.9%
Net Income	-$11M	-$6M	-82.9%

Revenue Segments

Product revenue

$7M56%

Service revenue.

$5M42%

Grant revenue

$274,0002%

Geographic Segments

EMEA

$5M59%

Asia Pacific

$4M41%