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Mar 31, 2021

Quanterix Q1 2021 Earnings Report

Quanterix reported an increase in non-GAAP revenue and made advances on strategic priorities.

Key Takeaways

Quanterix reported Q1 2021 GAAP revenue of $27.2M. Non-GAAP revenue was $24.9M, representing a 58% increase compared to the prior year. The company is focused on innovating its technology and expanding its assay menu, particularly for early detection plasma biomarkers for Alzheimer's and neuro-degeneration.

GAAP revenue including grant revenue was $27.2M.

Non-GAAP revenue was $24.9M, up 58% year-over-year.

The company is innovating its technology and expanding its assay menu.

Quanterix is focused on early detection plasma biomarkers for Alzheimer’s and neuro-degeneration.

Total Revenue
$24.9M
Previous year: $15.7M
+58.4%
EPS
-$0.29
Previous year: -$0.41
-29.3%
Gross Profit
$14.1M
Cash and Equivalents
$443M
Free Cash Flow
-$14.2M
Total Assets
$533M

Quanterix

Quanterix