Veracyte Announces Third Quarter 2020 Financial Results

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Veracyte (VCYT) Tops Q3 EPS by 13c, Revenues Beat

November 2, 2020 4:50 PM EST

Veracyte (NASDAQ: VCYT) reported Q3 EPS of ($0.08), $0.13 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $31.1 million versus the consensus estimate of $23.88 million.

Third Quarter 2020 Financial Results

For the third quarter of 2020:

Total Revenue was $31.1 million, comprising $30.3 million in testing and product revenue and $0.8 million in biopharmaceutical... More