NanoString Technologies, Inc.

NanoString Technologies, Inc.

NSTG
NanoString Technologies, Inc.US flagNASDAQ Global Market
0.11
USD
-0.06
- -
5.07MMarket Cap
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
1.46
1.94
2.51
4.11
2.67
3.29
4.3
4.84
3.83
3.63
3
3.2
2.74
3.44
Basic EPS, GAAP
-2.14
-1.19
-2.75
-3.83
-2.8
-2.4
-2.34
-1.84
-2.78
-1.18
-2.82
-2.54
-3.44
-3.53
Free Cash Flow per Basic Share
-1.61
-1.46
-1.66
-4.2
-2.24
-2.48
-0.5
-2.36
-2.1
-2.81
-2.28
-2.19
-3.27
-2.88
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-7.58
-10.23
-16.59
-9.91
-11.69
-13.4
-13.19
-14.03
-12.49
-13.87
-14.34
-17.44
-19.75
Tangible Book Value per Share
- -
-7.58
-10.23
4.12
2.51
1.06
0.61
1.69
1.32
3.01
7.85
3.91
0.99
-1.07
Basic Weighted Avg Shares
8
9
9
8
18
19
20
24
28
35
39
45
46
47
Sales/Revenue/Turnover
12
18
23
31
48
63
86
115
107
126
117
145
127
162
Operating Margin (%)
-110.59
-58.97
-71.86
-90.75
-96.7
-65.81
-47.61
-33.24
-65.02
-65.86
-75.05
-74.59
-119.58
-100.07
Depreciation Expense
1
1
2
2
2
2
3
3
4
5
6
6
8
14
Net Income, GAAP
-13
-11
-18
-29
-50
-46
-47
-44
-77
-41
-110
-115
-160
-166
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-108.85
-61.42
-77.08
-93.24
-105.14
-72.74
-54.45
-37.91
-72.52
-32.41
-93.83
-79.44
-125.37
-102.44
Working Capital
- -
12
20
42
76
62
77
86
89
168
462
375
228
134
LT Debt
- -
1
10
12
30
41
47
49
58
109
198
247
245
242
Total Equity
- -
12
10
31
45
20
12
40
37
104
307
177
46
-51
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
5
5
6
LT Borrowings
227
227
228
LT Finance Leases
17
16
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
48
48
Market Capitalization
462
190
81

Working Capital

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
252
221
212
Cash, Cash Equivalents & STI
155
118
97
Accounts Receivable, Net
35
43
48
Inventories
47
49
55
Total Current Liabilities
58
62
78
Payables & Accruals
27
30
43
ST Debt
5
5
6
Deferred Revenue
13
14
15

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
64.61%
50.53%
-74.11%
Free Cash Flow
65.67%
25.33%
52.9%
Net Income, GAAP
36.7%
48.78%
38.43%
Sales/Revenue/Turnover
20.62%
3.07%
-12.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
32
34
37
42
145
2022
31
32
30
34
127
2023
36
44
48
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.62
-0.6
-0.69
-0.64
-2.54
2022
-0.86
-0.85
-0.79
-0.95
-3.44
2023
-0.88
-0.92
-0.78
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
R. Bradley Gray
Full Time Employees
550
Sector
Healthcare
Industry
Medical - Instruments & Supplies
Address
530 Fairview Avenue North Seattle WA United States of America 98109
IPO Date
Jun 26, 2013
Business
NanoString Technologies, Inc. is a life sciences company specializing in spatial biology, gene expression, and translational research solutions. Founded in 2003 and headquartered in Seattle, Washington, the company develops and markets core products including the nCounter® Gene Expression System for digital detection and quantification of nucleic acids; the GeoMx® Digital Spatial Profiler, which enables spatial whole transcriptomics and proteomics through high-plex tissue imaging; the CosMx™ Spatial Molecular Imager, offering single-cell spatial multi-omics analysis with cellular and subcellular resolution; and the AtoMx™ Spatial Informatics Platform for advanced data visualization and analytics. NanoString serves research and translational science markets globally, providing tools that support cancer, immunology, and neurology research among other biomedical applications. Its products are widely used for high-throughput and multiplexed spatial profiling of RNA, protein, and other biomolecules in formalin-fixed paraffin-embedded (FFPE) and fresh frozen tissue samples. The company has recently expanded its spatial proteomics capabilities through partnerships such as with Abcam, which supplies validated antibodies for its GeoMx IO Proteome Atlas assay, enabling profiling of more than 500 immuno-oncology targets. In a major corporate development, NanoString was acquired by Bruker Corporation in early 2024 for approximately $392.6 million in cash plus liabilities. This acquisition included substantially all of NanoString’s assets and product lines—nCounter, GeoMx, CosMx, and AtoMx—and aims to integrate NanoString’s advanced spatial biology platforms with Bruker’s existing analytical instruments portfolio. The acquisition marked the conclusion of NanoString’s restructuring process and affirmed its market-leading position in spatial biology technology. Recent product innovations include the commercial launch of the CosMx Human 6K Discovery Panel, the industry’s first single-cell spatial panel capable of measuring over 6,000 RNA targets, representing almost all human biological pathways, thereby enhancing the resolution and scale of spatial transcriptomics research.

Company News

APIChat
  • Seattle biotech company NanoString to be acquired by Bruker for $392M, ending bankruptcy process

  • NanoString Products Drive Breakthrough Cancer Research at the 2024 American Association of Cancer Research (AACR) Conference

  • Why Is NanoString (NSTG) Stock Up 115% Today?

  • NanoString Announces Completion of Financing to Support Restructuring Process

  • Why Is NanoString (NSTG) Stock Up 180% Today?

  • Why Is NanoString Technologies (NSTG) Stock Down 59% Today?

  • NanoString Takes Steps to Restructure Its Business and Protect Its Mission to Map the Universe of Biology

  • NanoString Launches the CosMx 6,000 plex RNA Assay and Showcases Whole Transcriptome Imaging Capability

  • NanoString's CosMx SMI Achieves Whole Transcriptome Imaging at Single-Cell Resolution

  • NanoString Technologies to cut 9% of workforce, gets delisting notice from Nasdaq

  • NanoString Reports Inducement Grants Under Nasdaq Listing Rules

  • NanoString to Webcast Presentation from 42nd Annual J.P. Morgan Healthcare Conference

  • 7 Nano-Cap Stocks That Pack a Serious Punch for Their Weight

  • NanoString Comments on Delaware District Court Verdict

  • 10x Genomics Wins Another Patent Infringement Case Against NanoString Technologies

  • NanoString Technologies to Present Portfolio of Cutting-edge Brain Research and Novel Spatial Biology Applications for Neuroscience

  • NanoString to Webcast Presentations from Upcoming Healthcare Conferences

  • NanoString Technologies, Inc. (NSTG) Q3 2023 Earnings Call Transcript

  • NanoString (NSTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

  • NanoString Technologies Releases Operating Results for Third Quarter of 2023