Veracyte Announces Second Quarter 2015 Financial Results

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Go back to Veracyte Announces Second Quarter 2015 Financial Results

Piper Jaffray Trims PT on Veracyte (VCYT) to $12, Maintains 'Overweight'

August 14, 2015 7:33 AM EDT

Piper Jaffray analyst William Quirk reiterated an Overweight rating but trimmed his price target on Veracyte, Inc (NASDAQ: VCYT) to $12.00 (from $13.00) following Q3 results and outook.

Quirk commented, "Veracyte reported a 37.2% yoy revenue increase to $11.9M, above our $11.7M estimate, but below... More

Veracyte (VCYT) Misses Q2 EPS by 4c

August 13, 2015 4:35 PM EDT

Veracyte (NASDAQ: VCYT) reported Q2 EPS of ($0.35), $0.04 worse than the analyst estimate of ($0.31). Revenue for the quarter came in at $11.9 million versus the consensus estimate of $12.23 million.

Veracyte reaffirmed FY2015 guidance.

"We continue to see strong growth of Afirma across both community-based physicians... More