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Natera: 3Q Earnings Snapshot

·1 min read

SAN CARLOS, Calif. (AP) _ Natera Inc. (NTRA) on Thursday reported a loss of $58.3 million in its third quarter.

On a per-share basis, the San Carlos, California-based company said it had a loss of 72 cents.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 67 cents per share.

The genetic testing company posted revenue of $98.1 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $87.9 million.

Natera shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $76.39, more than doubling 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