SAN CARLOS, Calif. (AP) _ Natera Inc. (NTRA) on Thursday reported a loss of $34.1 million in its first quarter.
On a per-share basis, the San Carlos, California-based company said it had a loss of 54 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share.
The genetic testing company posted revenue of $66.8 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $66.4 million.
Natera expects full-year revenue in the range of $275 million to $302 million.
Natera shares have climbed 27% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.74, a climb of 48% 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