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.

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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