Natera Inc Q3 2023 Earnings Call Summary - Thomson StreetEvents

Natera Inc Q3 2023 Earnings Call Summary

Natera Inc Q3 2023 Earnings Call Summary - Thomson StreetEvents
Natera Inc Q3 2023 Earnings Call Summary
Published Nov 08, 2023
13 pages (7321 words) — Published Nov 08, 2023
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About This Report

  
Abstract:

Edited Brief of NTRA.OQ earnings conference call or presentation 8-Nov-23 9:30pm GMT

  
Brief Excerpt:

...A. We generated $268 million in total revenue and product revenues were up 33% versus last year. B. Volumes were stronger again across the business, with strong year-on-year growth in women's health and oncology versus Q3 of last year and a nice sequential recovery quarter for organ health. C. Signatera volume growth particularly continued to exceed our internal forecast, and this was the second best quarter ever in terms of the absolute unit growth in the clinical channel. D. Gross margins were 45%....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Natera Inc
Ticker
NTRA.OQ
Time
9:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Rachel Marie Vatnsdal Olson - JPMorgan Chase & Co, Research Division - Analyst : Congrats on the quarter you guys. So first up, nice to see the coverage of the FoundationOne Tracker in the U.S. last month. Can you just kind of walk us through how should we size that opportunity? And then how quickly can it become a meaningful contributor here?

Question: Rachel Marie Vatnsdal Olson - JPMorgan Chase & Co, Research Division - Analyst : Great. And then my follow-up, I just want to ask about the pending lawsuits that you guys have with Ravgen in the upcoming trial in early next year. You have one peer that had to pay out in the high $200 million range, but other peers have settled out of court. You had one peer earlier this week flagged that their payout is going to be in now like $30 million range all in. So can you just walk us through what are the potential range of outcomes that we could see for this suite? And any color on dates leading up to that trial?

Table Of Contents

Natera Inc Q2 2024 Earnings Call Summary – 2024-08-08 – US$ 54.00 – Edited Brief of NTRA.OQ earnings conference call or presentation 8-Aug-24 8:30pm GMT

Natera Inc Annual Shareholders Meeting Transcript – 2024-06-12 – US$ 54.00 – Edited Transcript of NTRA.OQ shareholder or annual meeting 12-Jun-24 4:30pm GMT

Natera Inc at Goldman Sachs Global Healthcare Conference Transcript – 2024-06-10 – US$ 54.00 – Edited Transcript of NTRA.OQ presentation 10-Jun-24 2:40pm GMT

Natera Inc at Stephens Investment Conference Transcript – 2023-11-14 – US$ 54.00 – Edited Transcript of NTRA.OQ presentation 14-Nov-23 5:00pm GMT

Natera Inc Q3 2023 Earnings Call Transcript – 2023-11-08 – US$ 54.00 – Edited Transcript of NTRA.OQ earnings conference call or presentation 8-Nov-23 9:30pm GMT

Natera Inc at Robert W Baird Global Healthcare Conference Transcript – 2023-09-12 – US$ 54.00 – Edited Transcript of NTRA.OQ presentation 12-Sep-23 8:20pm GMT

Natera Inc at Morgan Stanley Global Healthcare Conference Transcript – 2023-09-11 – US$ 54.00 – Edited Transcript of NTRA.OQ presentation 11-Sep-23 8:55pm GMT

Natera Inc at Canaccord Genuity Growth Conference Transcript – 2023-08-09 – US$ 54.00 – Edited Transcript of NTRA.OQ presentation 9-Aug-23 8:30pm GMT

Natera Inc Q2 2023 Earnings Call Summary – 2023-08-03 – US$ 54.00 – Edited Brief of NTRA.OQ earnings conference call or presentation 3-Aug-23 8:30pm GMT

Natera Inc Q2 2023 Earnings Call Transcript – 2023-08-03 – US$ 54.00 – Edited Transcript of NTRA.OQ earnings conference call or presentation 3-Aug-23 8:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Natera Inc Q3 2023 Earnings Call Summary" Nov 08, 2023. Alacra Store. May 03, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Natera-Inc-Earnings-Call-B15778891>
  
APA:
Thomson StreetEvents. (2023). Natera Inc Q3 2023 Earnings Call Summary Nov 08, 2023. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Natera-Inc-Earnings-Call-B15778891>
  
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