Recap: Veracyte Q4 Earnings

Veracyte VCYT reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

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

Veracyte beat estimated earnings by 155.56%, reporting an EPS of $0.05 versus an estimate of $-0.09.

Revenue was up $17.90 million from the same period last year.

Last quarter the company beat on EPS by $0.22 which was followed by a 3.58% drop in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.15	-0.14	-0.13	-0.15
EPS Actual	0.07	-0.12	-0.11	-0.05
Revenue Estimate	84.38M	74.66M	75.81M	74.91M
Revenue Actual	90.11M	90.32M	82.42M	80.30M

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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