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Natera: 2Q Earnings Snapshot

August 7, 2019

SAN CARLOS, Calif. (AP) _ Natera Inc. (NTRA) on Wednesday reported a loss of $32.4 million in its second quarter.

The San Carlos, California-based company said it had a loss of 48 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share.

The genetic testing company posted revenue of $74.4 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $67 million.

Natera expects full-year revenue in the range of $275 million to $305 million.

Natera shares have increased 94% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $27.09, an increase of 12% in the last 12 months.


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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