Movement Alert｜Natera Falls 16.16% in Pre-Market Trading, Q3 EPS Miss and Profitability Concerns Weigh on Shares

Market Focus11-06

On November 6, Natera fell 16.16% in Pre-Market Trading, trading at $309.0 per share, with turnover of $71,000.

The move followed the company’s latest quarterly results, which showed revenue well above expectations but a wider-than-expected loss per share, prompting the market to focus on the earnings miss rather than the top-line beat.

For the third quarter, Natera reported a loss of $0.42 per share, compared with consensus expectations for a loss of about $0.28 to $0.29. Revenue reached about $794.0 million, above forecasts near $705 million to $708 million and up from $592.2 million a year earlier. The company also raised full-year revenue guidance to $3.005 billion-$3.035 billion from a prior range of $2.85 billion-$2.91 billion, indicating continued demand strength, but that guidance increase did not offset the market’s near-term concern over profitability.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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