Veracyte Announces First Quarter 2016 Financial Results

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Veracyte (VCYT) Misses Q1 EPS by 1c

May 5, 2016 5:33 PM EDT

Veracyte (NASDAQ: VCYT) reported Q1 EPS of ($0.36), $0.01 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $13.6 million versus the consensus estimate of $13.08 million.

Cash and cash equivalents as of March 31, 2016 totaled $47.5 million, which included net proceeds of $19.2 million from Veracyte's... More