Q2: NanoString and ASE Technology Unveil Financial Figures
- July 10th, 2023
- 342 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
-
Key Earnings Ahead for Netflix, Fastenal, and U.S. Bancorp
January 18th, 2026Louisville Thunder Appoints Veteran Coach Mike Reed to Lead Program
January 15th, 2026FDA Approves First Treatment for Children With Menkes Disease
January 13th, 2026January 13th, 2026Wall Street Eyes Bank of America, Wells Fargo, Citi Ahead of Earnings
January 11th, 2026
Member Login