Recap: Veracyte Q1 Earnings

Veracyte VCYT reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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


Veracyte beat estimated earnings by 15.38%, reporting an EPS of $-0.11 versus an estimate of $-0.13.

Revenue was up $14.64 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 0.13% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.15 -0.25 -0.22 -0.24
EPS Actual -0.05 -0.12 -0.13 -0.20
Revenue Estimate 74.91M 66.44M 68.08M 62.32M
Revenue Actual 80.30M 75.59M 72.86M 67.78M

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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Posted In: EarningsBZI-Recaps