Veracyte (VCYT) Tops Q1 EPS by 3c, Reiterates FY Outlook

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Veracyte Announces First Quarter 2015 Financial Results

May 14, 2015 4:05 PM EDT

SOUTH SAN FRANCISCO, Calif., May 14, 2015 /PRNewswire/ -- Veracyte, Inc. (NASDAQ: VCYT) today reported financial results for the first quarter ended March 31, 2015 and provided an update on recent business progress. For the first quarter of 2015, revenue was $11.2 million, an increase of 50%, compared to $7.5 million for the first quarter of 2014.

"Our results demonstrate continued execution on our strategy to increase the breadth and depth of Afirma® adoption across both community and institutional accounts," said Bonnie H. Anderson, Veracyte's president and... More