Veracyte (VCYT) Tops Q2 EPS by 3c

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Veracyte Announces Second Quarter 2017 Financial Results

July 31, 2017 4:05 PM EDT

Reports 25% Revenue Growth, to $18.4 Million, and 37% Improvement in Loss from Operations Over Prior Year

Conference Call and Webcast Today at 4:30 p.m. ET

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)-- Veracyte, Inc. (NASDAQ: VCYT) today announced financial results for the second quarter ended June 30, 2017 and provided an update on recent business progress. For the second quarter of 2017, revenue was $18.4 million, an increase of 25%, compared to $14.7 million for the second quarter of 2016.

"Our strong results for the quarter underscore our ability to execute against our plans, said... More