QTRX
Quanterix Corporation7.36
-0.05-0.68%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Details declines, fast integration, cross-sell.
Q&A clarified Simoa consumables fell due to flat order volumes but smaller sizes from academic grant squeezes, with similar trends in Accelerator projects expected to scale in 2026. Integration raced ahead: single manufacturing done, labs combining in Q4, full $85M synergies by Q1'26. Early cross-sell traction shone through, with a double-digit opportunity list blending Simoa blood and Spatial tissue insights. Competition? No share loss; high-plex discovery feeds their 4-5 marker strength. Diagnostics enablement steadied at north of $6M YTD. Q&A reaffirmed prepared remarks. Cautious yet optimistic tone prevails.
Key Stats
Market Cap
343.79MP/E (TTM)
-Basic EPS (TTM)
-2.34Dividend Yield
0%Recent Filings
8-K
8-K
Board refresh adds diagnostics experts
Quanterix refreshed its board on November 20, 2025, with Paul Meister and David Walt retiring immediately, no disagreements noted. Garret Hampton and Alan Sachs joined instantly, bringing diagnostics heft from Thermo Fisher; Hampton hits Audit and Compensation, Sachs Compensation. Bill Donnelly steps up to Executive Chair; board hits nine, seven independent. New blood eyes growth post-Akoya.
10-Q
Q3 FY2025 results
Quanterix posted Q3 revenue of $40.2M, up 12% y/y yet down from Q2's $31.4M (derived), driven by Akoya's $17.2M post-July close ($150.0M total: $49.2M stock, $18.9M cash, $82.1M debt payoff), recognizing $23.5M goodwill and $102.5M finite-lived intangibles (9.6-year life). Product revenue climbed 33% y/y to $26.2M, but gross margin slipped to 42.8% from 56.3% amid integration; SG&A ballooned to $39.1M with $5.2M acquisition costs, while $7.2M impairments/restructuring yielded Q3 operating loss of $37.3M (vs. $11.7M y/y). Cash fell to $38.3M plus $96.5M securities after $93.2M deals; operating cash used $60.8M YTD. Akoya integration ramps synergies. Restructuring risks key talent loss.
8-K
Q3 revenue beats expectations
Quanterix posted Q3 revenue of $40.2 million, up 12.3% year-over-year despite tough markets, but GAAP gross margin slipped to 42.8% from acquisition costs. Akoya integration hit milestones, capturing $67 million of $85 million targeted synergies. Cash ends 2025 at ~$120 million. Breakeven awaits 2026.
8-K
Stockholders approve directors, governance shifts
Quanterix stockholders at the September 29, 2025 annual meeting elected Myla Lai-Goldman, Masoud Toloue, and David R. Walt as independent directors for three-year terms. They approved executive pay advisory vote, ratified KPMG as auditors, and passed charter amendments declassifying the board while scrapping supermajority votes for bylaws and key provisions. Governance sharpened. Amended charter and bylaws filed as exhibits.
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