Natera: 4Q Earnings Snapshot

Associated Press
Updated ·1 min read

SAN CARLOS, Calif. (AP) _ Natera Inc. (NTRA) on Thursday reported a loss of $76.4 million in its fourth quarter.

On a per-share basis, the San Carlos, California-based company said it had a loss of 89 cents.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 61 cents per share.

The genetic testing company posted revenue of $112.4 million in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $106.8 million.

For the year, the company reported that its loss widened to $229.7 million, or $2.84 per share. Revenue was reported as $391 million.

Natera expects full-year revenue in the range of $500 million to $525 million.

Natera shares have increased slightly more than 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $108.76, more than tripling in the last 12 months.

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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