Quanterix Corporation

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Investigation Details

After the market closed, on November 12, 2024, Quanterix announced that it had “identified an error regarding the capitalization of labor and overhead costs applied to prior periods, dating back to at least 2021,” which had affected the valuation of its inventory. As a result, the company stated that the financial statements reflecting these errors should no longer be relied upon.

Following this news, Quanterix’s stock price fell over 18% on November 13, 2024.