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.
Earnings
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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: EarningsBZI-Recaps