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Natera: 2Q Earnings Snapshot

August 8, 2018

SAN CARLOS, Calif. (AP) _ Natera Inc. (NTRA) on Wednesday reported a loss of $33.8 million in its second quarter.

On a per-share basis, the San Carlos, California-based company said it had a loss of 62 cents. Losses, adjusted for non-recurring costs, came to 55 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 52 cents per share.

The genetic testing company posted revenue of $63.1 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $60.9 million.

Natera expects full-year revenue in the range of $250 million to $275 million.

Natera shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.48, nearly tripling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTRA at https://www.zacks.com/ap/NTRA

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