Veracyte Announces Second Quarter 2021 Financial Results

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Go back to Veracyte Announces Second Quarter 2021 Financial Results

Veracyte, Inc (VCYT) PT Raised to $55 at Needham & Company

July 30, 2021 6:28 AM EDT

Needham & Company analyst Mike Matson raised the price target on Veracyte, Inc (NASDAQ: VCYT) to $55.00 (from $54.00) while maintaining a Buy rating.

The analyst commented, "VCYT's 2Q21 revenue and EPS beat consensus. Organic revenue growth improved to 77% in 2Q21 from 5.7% in 1Q21 as... More

Veracyte (VCYT) Tops Q2 EPS by 12c

July 29, 2021 4:26 PM EDT

Veracyte (NASDAQ: VCYT) reported Q2 EPS of ($0.13), $0.12 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $55.1 million versus the consensus estimate of $48.06 million.

GUIDANCE:

Veracyte sees FY2021 revenue of $200-208 million, versus the consensus of $197.9... More