Quanterix

Quanterix Corp. engages in the development of ultra-sensitive digital immunoassay platform that advances precision health for life sciences research and diagnostics. Its products and services include Simoa Assay Kits, HD-X analyzer, SR-X Biomarker Detection System, SP-X Imaging and Analysis System, 2470 Arrayer, Simoa Accelerator Laboratory, Uman NF-Light, and Homebrew -Custom Assay Development. The company was founded by Nicholas J. Naclerio and David R. Walt in April 2007 and is headquartered in Billerica, MA.

Earnings data Q4 2020

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Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Quanterix reports strong Q4 revenue, eyes growth in neurology diagnostics

Quanterix's Q4 performance showcased revenue growth and margin improvement, underpinned by advancements in assay manufacturing and the launch of new tests. The company faces challenges in revenue management and cost control but has opportunities to drive growth through core products and competitive positioning in neurology diagnostics.

Quanterix reports robust Q1 earnings, eyes neuro research growth

Quanterix delivered strong Q1 results with revenue growth and margin improvements, while facing challenges in cash management and meeting revised guidance targets.
The company's focus on neuro research and clinical applications, along with its transformation plan, positions it well for future growth and market leadership.
Analyst inquiries highlighted areas for improvement and clarity, signaling the need for continued strategic communication and operational enhancements.

Quanterix reports robust Q2 earnings, eyes growth in diagnostics market

Quanterix's Q2 performance reflects strong revenue growth and improved profitability.
The company's focus on innovative diagnostics for Alzheimer's and neurological therapies positions it well for future growth.
Despite challenges in leadership transition and addressing specific patient needs, Quanterix remains optimistic about market adoption of blood biomarkers.

Quanterix reports strong Q3 revenue growth and advances in Alzheimer's diagnostics

Quanterix's Q3 performance reflects revenue growth, improved gross margins, and strategic collaborations in blood biomarker testing for Alzheimer's disease.
The company's strengths in expanding platform access, operational efficiency, and multimarker approaches present growth opportunities in diagnostics.
Challenges include meeting revenue growth expectations, maintaining high sensitivity levels in diagnostics, and balancing margin improvements with investments.
Opportunities exist in leveraging partnerships, developing innovative biomarker solutions, and capitalizing on the demand for comprehensive diagnostic tools in healthcare.

Quanterix reports record revenue in Q4 2023, eyes Alzheimer's diagnostics

Quanterix's Q4 2023 performance reflects strong revenue growth, improved margins, and strategic focus on innovation and market expansion.
While challenges in capital allocation and sustaining growth persist, the company's opportunities in menu expansion and Alzheimer's diagnostics are promising.
Overall, Quanterix's financial outlook for 2024 appears positive, with a clear roadmap for growth and continued market penetration.

Quanterix reports revenue growth and innovation drive amidst competition challenges

Quanterix's Q1 2024 performance reflects revenue growth, margin improvement, and innovation in disease detection assays, positioning the company for future success.
Strategic strengths include strong gross margins, successful product launches, and growth in Accelerator Lab services, driving revenue and market presence.
Challenges include competition assessment, margin maintenance, and regulatory milestones, while opportunities exist in innovation, revenue growth, and profitability focus.

Quanterix reports robust Q3 earnings, eyes growth in Alzheimer's diagnostics

Quanterix's strong revenue growth, focus on innovation, and strategic priorities position the company for continued success in the diagnostics market.
While facing challenges in maintaining gross margins and navigating regulatory landscapes, Quanterix has opportunities to drive growth through advanced diagnostics and market expansion.
By balancing customer mix, expanding menu offerings, and investing in new technologies, Quanterix is poised to capitalize on the growing demand for precision medicine and Alzheimer's disease testing.

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BILLERICA, Mass.--( BUSINESS WIRE )--Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery through ultrasensitive biomarker detection, today announced that Chief Executive Officer Masoud Toloue will be presenting at the 41st Annual J.P. Morgan Healthcare Conference. Quanterix's session will take place on Thursday, Jan. 12, 2023, at 12 p.m., PST and will be made available to attendees and the general public. In addition to the session, the company will also be hosting one-on-one meetings with institutional investors during the conference.

Quanterix to Present at 41st Annual J.P. Morgan Healthcare Conference

BILLERICA, Mass.--( BUSINESS WIRE )--Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery through ultrasensitive biomarker detection, today announced that its Simoa® technology has powered important advances in ongoing clinical trials for the treatment of Alzheimer's disease (AD). The findings were presented at the 15th Clinical Trials on Alzheimer's Disease (CTAD) conference held in San Francisco, CA from November 29 to December 2, 2022.

Quanterix's Simoa® Technology Drives Advances in Alzheimer's Disease Research Presented at 2022 Clinical Trials on Alzheimer's Disease (CTAD) Conference

BILLERICA, Mass.--( BUSINESS WIRE )--Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery through ultrasensitive biomarker detection, today announced plans to participate in the upcoming 15th Clinical Trials on Alzheimer's Disease (CTAD) Task Force in San Francisco, California from November 29 to December 2, 2022. Quanterix CEO Masoud Toloue is scheduled to present on Tuesday, November 29 at 9:55 a.m. PST, along with a panel of assay industry leaders, on leveraging the use of blood-based biomarkers rather than the current gold standard of positron emission tomography (PET). PET is an expensive testing modality, whereas less invasive, less expensive blood-based biomarkers have demonstrated promise to facilitate more efficient clinical trial enrollment and as a convenient monitoring test of drug treatment effects. The Task Force panel will also include perspectives from the pharmaceutical industry and academia.

Quanterix to Participate in the 15th Clinical Trials on Alzheimer's Disease (CTAD) Task Force

BILLERICA, Mass.--( BUSINESS WIRE )--Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery through ultrasensitive biomarker detection, today announced that President and Chief Executive Officer Masoud Toloue and Chief Financial Officer Michael Doyle will present at the CG MedTech, Diagnostics and Digital Health & Services Forum on Thursday, November 17, 2022 at 4:30 p.m. EST in Boston, MA. Toloue will also host one-on-one and group meetings with institutional investors that day.

Quanterix to Participate in the Canaccord MedTech, Diagnostics and Digital Health & Services Forum

Start Time: 16:30 January 1, 0000 5:03 PM ET Quanterix Corporation (NASDAQ:QTRX ) Q3 2022 Earnings Conference Call November 08, 2022, 16:30 PM ET Company Participants Masoud Toloue - CEO Michael Doyle - CFO Conference Call Participants Alex Vukasin - Canaccord Genuity Matt Sykes - Goldman Sachs Stephanie Yan - Cowen Operator Good day and thank you for standing by. Welcome to the Quanterix Corporation's Third Quarter 2022 Earnings Call.

Quanterix Corporation (QTRX) Q3 2022 Earnings Call Transcript

Quanterix Corporation (QTRX) delivered earnings and revenue surprises of 4.76% and 18.11%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Quanterix Corporation (QTRX) Reports Q3 Loss, Tops Revenue Estimates

Quanterix Corporation Releases Operating Results for Third Quarter 2022

Quanterix' Third Quarter 2022 Earnings Conference Call

The average of price targets set by Wall Street analysts indicates a potential upside of 73.2% in Quanterix Corporation (QTRX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 73% Upside in Quanterix Corporation (QTRX): Here's What You Should Know

After reaching dizzying heights during the beginning of the Covid pandemic (which is still on-going if anyone noticed!), Quanterix Corp. ( QTRX , Financial) has now dropped to all-time lows.

Quanterix Corp - Insiders Are Buying Near All-Time Lows

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Insider buying tends to draw investor attention, as it logically demonstrates confidence in future price performance, while insiders may sell for various reasons.

Insider Buying in First Solar and 4 Other Stocks

The heavy selling pressure might have exhausted for Quanterix Corporation (QTRX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Quanterix Corporation (QTRX) Loses 53.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The market might, just might, have over-reacted to the company's dispiriting second-quarter results the previous day.

Why Quanterix Stock Bounced Back on Wednesday

Investors gave the thumbs-down to the biotech's latest reported quarter.

Why Quanterix Shares Plunged by Nearly 55% Today

Quanterix Corporation (NASDAQ:QTRX ) Q2 2022 Earnings Conference Call August 8, 2022 4:30 PM ET Company Participants Masoud Toloue - President, CEO Mike Doyle - CFO Conference Call Participants Puneet Souda - SVB Leerink Max Masucci - Cowen Matt Sykes - Goldman Sachs Operator Hello, thank you for standing by. And Welcome to the Quanterix Corporation Second Quarter 2022 Earnings Conference Call.

Quanterix Corporation (QTRX) CEO Masoud Toloue on Q2 2022 Results - Earnings Call Transcript

Quanterix Corporation (QTRX) delivered earnings and revenue surprises of 0% and 20.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Quanterix Corporation (QTRX) Reports Q2 Loss, Lags Revenue Estimates

BILLERICA, Mass.--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company expanding the limits of exploration with ultrasensitive biomarker detection, today announced that E. Kevin Hrusovsky is stepping down as Executive Chairman of its Board of Directors. Mr. Hrusovsky has served as the Chairman of Quanterix' Board of Directors (the “Board”) since June 2014 and as Quanterix' President and Chief Executive Officer from January 2015 until April 25, 2022, when he was appointed Executive C

Quanterix Announces the Resignation of Kevin Hrusovsky as Executive Chairman of Board of Directors

BILLERICA, Mass.--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company expanding the limits of exploration with ultrasensitive biomarker detection, today announced operating results for the three months ended June 30, 2022. Second Quarter 2022 Financial Highlights Q2 total revenue was $23.5M versus prior year Q2 total revenue of $25.4M, a decrease of 7.4%; Q2 product revenue was $14.8M versus prior year Q2 product revenue of $18.7M, a decrease of 20.8%; Q2 service and other revenue

Quanterix Corporation Releases Operating Results for Second Quarter 2022, Announces Business Re-Alignment Plan and Revises 2022 Guidance

BILLERICA, Mass.--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company expanding the limits of exploration with ultrasensitive biomarker detection, today announced that President and Chief Executive Officer Masoud Toloue will present at the Canaccord Genuity 42nd Annual Growth Conference on Wednesday, August 10, 2022 at 1:30 p.m. ET in Boston, MA. Toloue will also host one-on-one and group meetings with institutional investors that day. A live webcast of the conversation will be ava

Quanterix to Participate in the Canaccord Genuity 42nd Annual Growth Conference

Quanterix Corporation (QTRX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Quanterix Corporation (QTRX): Can Its 5.1% Jump Turn into More Strength?

BILLERICA, Mass.--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company expanding the limits of exploration with ultrasensitive biomarker detection, today announced it will host a conference call on Monday, August 8, 2022, to discuss its second quarter 2022 financial results. The call will begin at 4:30 PM Eastern Time. It will be hosted by Masoud Toloue, the Company's President and Chief Executive Officer, and Michael Doyle, the Company's Chief Financial Officer. Quanterix will issu

Quanterix' Second Quarter 2022 Earnings Conference Call

BILLERICA, Mass.--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company expanding the limits of exploration with ultrasensitive biomarker detection, today announced the validation of a laboratory developed test (LDT) to quantitatively measure phospho-Tau 181 (pTau-181) in plasma as an aid in diagnostic evaluation of Alzheimer's disease (AD). Quanterix' LDT – the first pTau-181 plasma test released for clinical use in the U.S. – is a quantitative immunoassay intended for the measureme

Quanterix Launches First pTau-181 Plasma Laboratory Developed Test for Clinical Diagnostic and Research Applications in the U.S.

Thermo Fisher Scientific

NATICK, Mass.--(BUSINESS WIRE)--Mercy BioAnalytics appoints Dawn Mattoon, PhD, as Chief Operating Officer to strengthen management team behind novel early cancer detection platform.

Mercy BioAnalytics Appoints Dawn Mattoon, PhD, as Chief Operating Officer

BILLERICA, Mass.--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company digitizing biomarker analysis with the goal of advancing the science of precision health, today announced that its Chief Executive Officer, Masoud Toloue, will join the Goldman Sachs 43rd Annual Global Healthcare Conference for a fireside chat on June 16, 2022 at 8:40 a.m., EST. To register for the live webcast, please visit: https://kvgo.com/gs/quanterix-corp-june-2022. Toloue will also host one-on-one meetings

Quanterix to Participate in Goldman Sachs 43rd Annual Global Healthcare Conference

Catalent

BILLERICA, Mass.--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company digitizing biomarker analysis with the goal of advancing the science of precision health, today announced that Karen A. Flynn, Senior Vice President and Chief Commercial Officer of Catalent Pharma Solutions (NYSE: CTLT), has been appointed to Quanterix' Board of Directors effective June 6, 2022. Ms. Flynn is an accomplished healthcare leader with over 35 years of commercial, operations and general management expe

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