Veracyte (NASDAQ:VCYT) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Veracyte missed estimated earnings by 173.33%, reporting an EPS of $-0.41 versus an estimate of $-0.15.
Revenue was up $14.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 7.04% increase in the share price the next day.
Here’s a look at Veracyte’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.13 | -0.15 | -0.25 |
| EPS Actual | -0.12 | -0.11 | -0.05 | -0.12 |
| Revenue Estimate | 74.66M | 75.81M | 74.91M | 66.44M |
| Revenue Actual | 90.32M | 82.42M | 80.30M | 75.59M |
To track all earnings releases for Veracyte visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
