Quanterix Corporation announced on January 8, 2026 that Everett Cunningham will become the company’s President and Chief Executive Officer, effective January 19, 2026. Cunningham joins the board‑appointed leadership team after a decade of commercial success at Illumina, where he served as Chief Commercial Officer, and after senior roles at Exact Sciences, GE Healthcare and Quest Diagnostics.
The appointment signals a strategic pivot from a niche neurology‑focused platform to a broader proteomics and diagnostics business. Cunningham’s track record of scaling high‑growth life‑science companies and building commercial organizations is expected to accelerate the rollout of the Simoa ONE platform, a next‑generation single‑molecule array system that expands the company’s assay menu into oncology, immunology and other therapeutic areas.
Quanterix’s recent acquisition of Akoya Biosciences in July 2025 has already broadened its blood‑ and tissue‑based biomarker detection capabilities. The combined entity is positioned to offer a more comprehensive suite of proteomic tools, and management expects the integration to drive revenue growth and improve operating leverage in the coming years.
Financially, Quanterix reported Q3 2025 revenue of $40.2 million, beating the consensus of $38.18 million. The beat was driven by strong demand for its Simoa platform in both research and clinical settings, offsetting a modest decline in legacy neurology assays. However, the company posted an EPS loss of $0.73 versus an expected loss of $0.46, reflecting higher operating expenses associated with the Akoya integration and ongoing investment in product development.
Management reiterated its guidance for 2025, projecting revenue to exceed the prior year’s $40.2 million and cash flow to improve as the company scales its new platform. The guidance reflects confidence in the expanded diagnostics portfolio and the anticipated revenue lift from the Akoya acquisition, while acknowledging the need for continued cost discipline to navigate the current cash burn.
Analysts noted the CEO change as a positive signal for commercial execution, but maintained a cautious stance due to the company’s persistent losses and significant cash burn. The market reaction was tempered by concerns over short‑term profitability, even as the company’s strategic initiatives suggest a path toward long‑term growth.
The transition also preserves continuity, with outgoing CEO Masoud Toloue remaining in an advisory capacity to support the handover and ensure alignment with the new strategic direction.
Overall, the appointment of Everett Cunningham is a material event that could reshape Quanterix’s growth trajectory and influence investor expectations for the company’s future performance.
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