Veracyte (VCYT) Tops Q3 EPS by 2c

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Veracyte Announces Third Quarter 2017 Financial Results

November 6, 2017 4:05 PM EST

Reports Revenue of $17.5 Million for the Third Quarter 2017
Highlights Business Progress
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 third quarter ended September 30, 2017 and provided an update on recent business progress. For the third quarter of 2017, revenue was $17.5 million, compared to $18.6 million for the third quarter of 2016. Excluding the impact of cash collections for tests performed prior to July 1, 2016, accrued revenue increased 24%. Genomic test volume was... More