Q2: NanoString and ASE Technology Unveil Financial Figures
- July 10th, 2023
- 429 views
NanoString Technologies, Inc. (Nasdaq: NSTG) has reported strong preliminary financial figures for the second quarter of 2023. The company expects Q2 revenue to surpass $44 million, reflecting a remarkable year-on-year growth of approximately 37%. This figure exceeds the upper end of its guidance range of $40 million to $42 million, as well as the consensus revenue estimate of $41.38 million.
Additionally, NanoString reiterated its full-year 2023 revenue guidance of $175 million to $185 million. Analysts are expecting $179.13 million in revenue for the period.
In pre-market, $NSTG is trading at $4.07, showing an increase of $0.37 (10.00%).
In other news, ASE Technology Holding Co., Ltd. (NYSE: ASX) reported second-quarter 2023 net revenues of $4.457 billion, reflecting a decline of 18.7% YoY and slightly below the consensus estimate of $4.5 billion for the period.
$ASX is currently trading at $7.57 in pre-market, down $0.01 (0.13%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
DOT, DoW, DHS Join Forces to Protect Southern Border Airspace
October 16th, 2026FTC Sues Ticket Broker Over Unlawful Tactics Used to Buy Millions of Tickets to Popular Live Events
October 15th, 2026October 15th, 2026FDA Approves First Treatment for Certain People With BCG-Unresponsive Bladder Cancer
October 14th, 2026U.S. Treasury Announces Record Enforcement Actions Against Bank of America
October 14th, 2026
Member Login