QTRX Q2 2023 Earnings — Quanterix Corporation Revenue & Financial Results | Market Cap Arena

QTRXQuanterix Corporation

$239M

Q2 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$31M+31.8% YoY

Gross Profit

$19M61.5% margin

Operating Income

-$10M-31.0% margin

Net Income

-$6M-19.6% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$633,000

Free Cash Flow

-$15,000

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$429M

Total Liabilities

$74M

Stockholders' Equity

$355M

Cash & Equivalents

$330M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$23M	+31.8%
Gross Profit	$19M	$9M	+119.8%
Operating Income	-$10M	-$25M	+61.7%
Net Income	-$6M	-$25M	+75.6%

Revenue Segments

Undelivered licenses of intellectual property

$10M47%

Product revenue

$7M32%

Service revenue.

$5M21%

Geographic Segments

EMEA

$753,00083%

Asia Pacific

$153,00017%