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Quotient beats fiscal Q3 consensus

Jan. 31, 2019 7:28 AM ETQuotient Limited (QTNTQ) StockBy: SA News Team
  • Quotient (NASDAQ:QTNT) Q3 results: Revenues: $6.7M (+13.6%).
  • Net Loss: ($26.3M) (-29.6%); Loss Per Share: ($0.46) (+2.1%); CF Flow Ops: ($61.5M) (-16.3%).
  • FY 2019 Guidance: Product revenue: $27.6M - 27.8M from $25.5M - 26.5M; Operating loss: ($78M - 75M) from ($75M - 65M); CAPEX: $4M - 5M from $4M - 8M.
  • The consensus GAAP EPS and Revenue estimate were ($0.47) and $6.13M, respectively.
  • Previously: Quotient beats by $0.01, beats on revenue (Jan. 31)

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