Quanterix Q2 2020 Earnings Report
Key Takeaways
Quanterix reported a strong second quarter, exceeding expectations despite challenges from the coronavirus pandemic. The company has been quick to respond to the crisis with critical testing advances and has made gains in neurology.
Expanded Accelerator Services capacity to support customers undergoing disruptions.
Enhanced customer satisfaction and loyalty.
Enabled growth in Lab Services (+95% in the 1H 2020 vs 1H 2019).
Laid the foundation for conducting population studies and building a Specialty Lab infrastructure for Laboratory Developed Testing (LDT) in the future.
Quanterix
Quanterix
Forward Guidance
Quanterix is encouraged by its ability to pivot to capitalize on new opportunities, the validation it’s received via hundreds of peer-reviewed journals, and the opportunity before it to support public health at a critical time in history.