Veracyte VCYT reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Veracyte beat estimated earnings by 40.91%, reporting an EPS of $-0.13 versus an estimate of $-0.22.
Revenue was up $17.76 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 4.61% increase in the share price the next day.
Here's a look at Veracyte's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.24 | -0.16 | -0.16 | -0.25 |
| EPS Actual | -0.20 | -0.15 | -0.20 | -0.13 |
| Revenue Estimate | 62.32M | 61.78M | 54.38M | 48.06M |
| Revenue Actual | 67.78M | 67.34M | 60.37M | 55.10M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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