Veracyte Announces Fourth Quarter and Full-Year 2019 Financial Results and Provides 2020 Financial Outlook

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Go back to Veracyte Announces Fourth Quarter and Full-Year 2019 Financial Results and Provides 2020 Financial Outlook

Veracyte (VCYT) Misses Q4 EPS by 8c, Slight Beat on Revenues; Offers FY20 Revenue Guidance Above Consensus

February 25, 2020 4:39 PM EST

Veracyte (NASDAQ: VCYT) reported Q4 EPS of ($0.15), $0.08 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $29.7 million versus the consensus estimate of $29.53 million.

For the three months ended December 31, 2019, compared to the prior year:

Total Revenue was $29.7 million, an increase of 15%;Gross Margin was 66%,... More