QTRX Q3 2023 Earnings — Quanterix Corporation Revenue & Financial Results | Market Cap Arena

QTRXQuanterix Corporation

$239M

Q3 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$31M+17.8% YoY

Gross Profit

$19M60.9% margin

Operating Income

-$13M-41.2% margin

Net Income

-$7M-21.6% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$429M

Total Liabilities

$76M

Stockholders' Equity

$353M

Cash & Equivalents

$201M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$26M	+17.8%
Gross Profit	$19M	$11M	+77.4%
Operating Income	-$13M	-$37M	+65.0%
Net Income	-$7M	-$35M	+80.8%

Revenue Segments

Product revenue

$8M62%

Service revenue.

$5M38%

Geographic Segments

EMEA

$8M66%

Asia Pacific

$4M34%