Symbols

NSTG(Delisted)

Nanostring Technologies·NASDAQ

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About NSTG

Nanostring Technologies, Inc.

A leading provider of life science tools for discovery and translational research

Industry

Established Date

06/20/2003

Listing Date

06/26/2013

Exchange

NASDAQ Stock Exchange

Full-time Employees

703

Fiscal Year Ends

12-31

Website

www.nanostring.com

Security Type

Common stock

Office address

530 Fairview Avenue North, Seattle, Washington 98109

Business

Introduction

Nanostring Technologies, Inc., was incorporated in Delaware on June 20, 2003. The company is headquartered in Seattle, Washington. The Company's technology supports the direct detection, identification and quantification of individual target molecules in biological samples by attaching a unique color-coded fluorescent announcer to each target interest molecule. The Company sells proprietary nCounter analysis systems, including instruments and consumables sold to academic organizations, governments and biopharmaceutical laboratories. NanoString Technologies develops, manufactures and sells strong, intuitive products that unlock scientific value and access clinically available genomic information from microscopic tissues. The company's nCounter analysis system uses a new barcode technology to simultaneously process hundreds of molecules that are powerful enough for research, although one molecule is sufficient for clinical laboratories around the world. Systems and related consumables sold by the company to academic researchers, governments and biopharmaceutical laboratories for understanding basic biology and disease molecules.

Company Financials

EPS

NSTG has released its 2023 Q3 earnings. EPS was reported at -0.44, versus the expected -0.58, beating expectations. The chart below visualizes how NSTG has performed over recent quarters, highlighting trends in earnings surprises.

Revenue & Expenses

NSTG has released its 2023 Q3 earnings report, with revenue of 48.09M, reflecting a YoY change of 62.79%, and net profit of -37.41M, showing a YoY change of -1.97%. The Sankey diagram below clearly presents NSTG's revenue sources and cost distribution.