•
Sep 30, 2021

Quanterix Q3 2021 Earnings Report

Announced third quarter financial results, highlighting growth in consumables and instruments.

Key Takeaways

Quanterix reported strong third-quarter results driven by significant growth in consumables and instruments. The company is making progress in neurology and infectious disease with recent FDA designations.

Third quarter revenue driven by unprecedented growth in consumables (+98% vs PY) and instruments (+44% vs PY)

Simoa phospho-Tau 181 (pTau-181) blood test is a critical potential aid in the diagnostic evaluation of Alzheimer’s disease

Expanded EUA label for a COVID-19 test by the U.S. FDA

Simoa SARS-CoV-2 N Protein Antigen Test demonstrates potential for achieving asymptomatic and low-invasive clinical testing

Total Revenue
$27.7M
Previous year: $31.4M
-11.8%
EPS
-$0.43
Previous year: $0.07
-714.3%
Gross Profit
$14.2M
Previous year: $19.2M
-25.8%
Cash and Equivalents
$411M
Previous year: $173M
+137.2%
Free Cash Flow
-$17.6M
Previous year: -$8.21M
+114.5%
Total Assets
$511M
Previous year: $264M
+93.4%

Quanterix

Quanterix