Veracyte (VCYT) Tops Q3 EPS by 1c

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Go back to Veracyte (VCYT) Tops Q3 EPS by 1c

Veracyte Announces Third Quarter 2015 Financial Results

November 5, 2015 4:05 PM EST

SOUTH SAN FRANCISCO, Calif., Nov. 5, 2015 /PRNewswire/ -- Veracyte, Inc. (NASDAQ: VCYT) today announced financial results for the third quarter ended September 30, 2015 and provided an update on recent business progress. Revenue for the third quarter of 2015 was $12.3 million, an increase of 25%, compared to $9.8 million for the third quarter of 2014. Afirma Gene Expression Classifier (GEC) test volume grew to 5,034 tests, an increase of 46%, compared to the same period in 2014.

"We experienced robust growth in our Afirma business, driven in... More