Recap: Veracyte Q4 Earnings

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Veracyte VCYT reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Veracyte beat estimated earnings by 155.56%, reporting an EPS of $0.05 versus an estimate of $-0.09.

Revenue was up $17.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22 which was followed by a 3.58% drop in the share price the next day.

Here's a look at Veracyte's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.15 -0.14 -0.13 -0.15
EPS Actual 0.07 -0.12 -0.11 -0.05
Revenue Estimate 84.38M 74.66M 75.81M 74.91M
Revenue Actual 90.11M 90.32M 82.42M 80.30M

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.

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