Veracyte Announces Second Quarter 2016 Financial Results

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Go back to Veracyte Announces Second Quarter 2016 Financial Results

Veracyte (VCYT) PT Lowered to $10 at Piper Jaffray Following Results

August 4, 2016 7:18 AM EDT

Piper Jaffray analyst William Quirk lowered his price target on Veracyte, Inc (NASDAQ: VCYT) to $10.00 (from $12.00) but maitnained a Overweight on the stock following results.

Quirk commented, "Veracyte reported a 23% yoy revenue increase to $14.7M, ~in line with the Street. EPS of ($0.40)... More

Veracyte (VCYT) Misses Q2 EPS by 7c

August 3, 2016 4:06 PM EDT

Veracyte (NASDAQ: VCYT) reported Q2 EPS of ($0.40), $0.07 worse than the analyst estimate of ($0.33). Revenue for the quarter came in at $14.68 million versus the consensus estimate of $14.81 million.

For earnings history and earnings-related data on Veracyte (VCYT) click here.

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