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Natera: Q4 Earnings Snapshot
By AP News - Feb 28, 2023, 07:15 PM ET
Last Updated - Jun 22, 2023, 06:51 PM EDT
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Natera Inc. (NTRA) on Tuesday reported a loss of $142.6 million in its fourth quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of $1.37.
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The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.40 per share.
The genetic testing company posted revenue of $217.3 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $215.5 million.
For the year, the company reported that its loss widened to $547.8 million, or $5.57 per share. Revenue was reported as $820.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a NTRA">Zacks stock report on NTRA at https://www.zacks.com/ap/NTRA
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