Veracyte (NASDAQ:VCYT) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Veracyte beat estimated earnings by 16.67%, reporting an EPS of $-0.2 versus an estimate of $-0.24.
Revenue was up $31.08 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 0.86% increase in the share price the next day.
Here's a look at Veracyte's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.16 | -0.25 | -0.12 |
| EPS Actual | -0.15 | -0.20 | -0.13 | -0.11 |
| Revenue Estimate | 61.78M | 54.38M | 48.06M | 32.67M |
| Revenue Actual | 67.34M | 60.37M | 55.10M | 36.70M |
To track all earnings releases for Veracyte visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
