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Quanterix investor presentation dated November 2019.
November 6, 2019Quanterix Earnings Call | Q3 2019 | November 6, 2019 | 2
Forward- Looking Statements & Non- GAAP Financial Measures
This presentation contains “forward -looking” statements that are based on our beliefs and assumptions and on information
available to us as of the date of this presentation. Forward -looking statements include all statements that are not historical facts.
We may not actually achieve the plans, intentions or expectations disclosed in our forward -looking statements. Forward -looking
statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results,
performance or achievements to be materially different from any future results, performance or achievements expressed or
implied by the forward -looking statements. The risks and uncertainties that we face are described in our most recent filings with
the Securities and Exchange Commission. Except as required by law, we assume no obligation to update these forward -looking
statements, even if new information becomes available in the future.
To supplement the Company’s financial statements presented on a GAAP basis, the Company has provided certain non- GAAP
financial measures, including Non- GAAP revenue, Non- GAAP gross profit and Non- GAAP gross margin. Our non- GAAP
adjustments exclude ( i) the impact of $1.3M in revenue recognized in Q3 2018 in connection with the termination of our license
agreement with bioMerieux SA; and (ii) acquisition- related purchase accounting adjustments in connection with our acquisitions
of Aushon Biosystems in Q1 2018 and Uman Diagnostics in Q3 2019. Management uses these non- GAAP measures to
evaluate the Company’s operating performance in a manner that allows for meaningful period- to-period comparison and analysis
of trends in its business. Management believes that such measures are important in comparing current results with prior peri od
results, and are useful to investors and financial analysts in assessing the Company’s operating performance. The non- GAAP
financial information presented here should be considered in conjunction with, and not as a substitute for the financial informa tion
presented in accordance with GAAP. Investors are encouraged to review the reconciliation of these non- GAAP measures to their
most directly comparable GAAP financial measures set forth on Slide #27.Quanterix Earnings Call | Q3 2019 | November 6, 2019 | 3
I. Strategic and Financial Progress –Kevin Hrusovsky –Chairman, CEO
i. Q3 Highlights, Direction & 2019 Goals
ii. Neurology Momentum & PPH
II. Financial Report –Amol Chaubal –CFO
III. Q&AQuanterix Earnings Call | Q3 2019 | November 6, 2019 | 4
Disruptive Market, Technology and Growth
Total Quanterix Revenue Growth
% Reported GAAP Growth
(if different from GAAP)Q3 Highlights
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