Growth ConcernsQTRX updated its revenue guidance to a lower range of $100M-$105M, raising concerns about future growth potential.
Market CompetitionQTRX is starting to lag behind competitors, with Fujirebio's BBM already FDA approved, and QTRX does not expect FDA approval until 2026.
Revenue PerformanceTotal revenue of $24.5M fell short of already lowered expectations, with significant declines in both academic and pharma sectors.