Natera: 3Q Earnings Snapshot

November 6, 2019 GMT

SAN CARLOS, Calif. (AP) _ Natera Inc. (NTRA) on Wednesday reported a loss of $23.1 million in its third quarter.

The San Carlos, California-based company said it had a loss of 33 cents per share. Losses, adjusted for non-recurring gains, were 53 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 53 cents per share.

The genetic testing company posted revenue of $77.9 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $75.1 million.

Natera expects full-year revenue in the range of $295 million to $302 million.

Natera shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.62, an increase of 73% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTRA at https://www.zacks.com/ap/NTRA