Natera raises FY24 revenue view to $1.61B-$1.64B from $1.49B-$1.52B

Consensus $1.52B. Natera (NTRA) anticipates 2024 total revenue of $1.61 billion to $1.64 billion; 2024 gross margin to be approximately 58% to 61% of revenues; selling, general and administrative costs to be approximately $775 million to $825 million; research and development costs to be $375 million to $400 million; and net cash inflow to be $50 million to $75 million.