Recap: Veracyte Q1 Earnings

Veracyte VCYT reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.

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

Veracyte beat estimated earnings by 16.67%, reporting an EPS of $-0.2 versus an estimate of $-0.24.

Revenue was up $31.08 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 0.86% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.16	-0.16	-0.25	-0.12
EPS Actual	-0.15	-0.20	-0.13	-0.11
Revenue Estimate	61.78M	54.38M	48.06M	32.67M
Revenue Actual	67.34M	60.37M	55.10M	36.70M

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.