Natera Inc Stock Price, News & Analysis

Natera, Inc. (NASDAQ: NTRA) reported Q2 2021 financial results showing total revenues of $142 million, a 64.2% increase from $86.5 million in Q2 2020. Product revenues surged by 70.7% to $137.2 million, driven by 375,700 tests processed, up 60.5%. The company raised its 2021 revenue guidance to $600-620 million. However, net loss widened to $116 million from $59.6 million year-over-year, with operating expenses rising 98.7% to $181.2 million.

Natera (NASDAQ: NTRA) announced the initiation of a phase III trial, the ZEST study, evaluating its Signatera test for identifying early-stage breast cancer patients for treatment with GSK's PARP inhibitor, niraparib. This trial aims to assess the efficacy and safety of niraparib in 800 patients post-surgery or after adjuvant therapy. The FDA has designated Signatera as a Breakthrough Device for multiple indications, enhancing its role in personalized medicine for oncology.

Natera, a leader in cell-free DNA testing, will announce its second quarter 2021 results on August 5, 2021, post-market close. A conference call is scheduled for 1:30 p.m. PT to discuss financial results, business activities, and future outlook. This will provide investors with insights into Natera's financial performance and strategic direction.

Natera (NASDAQ: NTRA) announced a new peer-reviewed study validating its Signatera molecular residual disease (MRD) assay for esophageal adenocarcinoma (EAC). The study involved 20 EAC patients and showed that Signatera had a sensitivity of 80% in detecting recurrence, with a median lead time of almost one year before clinical detection. MRD-positive patients had a disease-free survival of 14.2 months versus 51.2 months for MRD-negative patients. This research highlights the potential for Signatera to improve treatment decisions in the growing incidence of esophageal cancer.

Natera (NASDAQ: NTRA) has announced a new peer-reviewed study validating its Signatera molecular residual disease (MRD) assay for oligometastatic colorectal cancer (oligo mCRC). The study involved 112 patients and demonstrated that Signatera identified MRD positivity in 54% of cases post-surgery, with a sensitivity of 72%. Serial testing increased sensitivity to 91%, with 100% overall survival among those who remained MRD-negative. These findings aim to establish Signatera as a vital prognostic biomarker for guiding treatment decisions in this patient population.

Natera, a leader in cell-free DNA testing, announced the pricing of its public offering of 4,500,000 shares at $113.00 each, with expected closing on July 26, 2021. The offering includes a 30-day option for underwriters to buy an additional 675,000 shares. The offering is underpinned by a shelf registration statement filed with the SEC. Morgan Stanley, Goldman Sachs, Cowen, and SVB Leerink are managing the offering. Natera aims to enhance disease management globally, focusing on women's health, oncology, and organ health.

Natera, Inc. (Nasdaq: NTRA) has announced a proposed follow-on public offering to raise $350 million through the sale of its common stock. Additionally, underwriters may purchase up to $52.5 million more in shares. The offering is contingent on market conditions, and there are no guarantees regarding its completion or the terms. Major banks including Morgan Stanley and Goldman Sachs are managing the offering. This move is part of Natera's ongoing efforts to fund its operations and expand its impact in cell-free DNA testing.

Natera, Inc. (Nasdaq: NTRA) reported preliminary financial results for the second quarter of 2021, showcasing record growth. Expected revenues range from $138 million to $141 million, marking a 60% year-on-year increase from $86.5 million in Q2 2020. Product revenues are anticipated to be $135 million to $137 million, a 70% rise from $80.4 million in the same period last year. The company also processed approximately 370,000 tests, up 58% from 234,000. However, a loss from operations is projected between $113 million and $117 million, compared to $51.7 million in Q2 2020.

Natera, Inc. (NASDAQ: NTRA) presented new data on its molecular residual disease (MRD) assay, Signatera, at the ESMO GI 2021 conference. This includes results from the CIRCULATE-Japan trial, the largest MRD-guided study in colorectal cancer (CRC), featuring over 800 patients. Signatera demonstrated a 93.1% sensitivity for relapse detection, showcasing improved disease-free survival rates for MRD-negative patients. The study is pivotal in potentially altering early-stage CRC treatment guidelines and underscores the significance of personalized MRD testing for patient care.