Quanterix reaffirms FY24 revenue view $134M-$138M, consensus $136.23M
The Fly

Quanterix reaffirms FY24 revenue view $134M-$138M, consensus $136.23M

This revenue range excludes revenue from Lucent Diagnostics testing, which is expected to be immaterial for 2024. The company also reaffirmed that it expects its research-use only business to achieve cash flow breakeven when it reaches revenue between $170M-$190M. The Company continues to expect GAAP gross margin percentage to be in the range of 57%-61%, and non-GAAP gross margin percentage to be in the range of 51%-55%. The company continues to anticipate 2024 cash usage to be approximately $30M.

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