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Stock impact report

Quanterix Releases Financial Results for the First Quarter of 2024

Quanterix Corporation (QTRX) 
US:NASDAQ Investor Relations: ir.quanterix.com/investor-relations
Company Research Source: Business Wire
BILLERICA, Mass.--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery through ultrasensitive biomarker detection, today announced financial results for the first quarter ended March 31, 2024.“Building on the foundation our team developed last year, Quanterix is entering a new innovation and product delivery phase,” said Masoud Toloue, Chief Executive Officer of Quanterix. “We’ve announced the first of several new assays that could re-define the way Tau is measured from the brain versus peripheral sources. We will continue to lead in bringing novel biomarker detection solutions to market for the research community; developing tests to study and enable the early detection of neuro-pathologies such as Multiple Sclerosis, Parkinson’s, and Alzheimer’s disease.”First Quarter Financial HighlightsRevenue of $32.1 million, an increase of 12.7% compared to $28.5 million in the prior year period.GAAP gross margin of 61.2%, an increase of approximatel Show less Read more
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