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Stock impact report

Veracyte Announces First Quarter 2019 Financial Results

Veracyte, Inc. (VCYT) 
Last veracyte, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.veracyte.com/investor-relations
Company Research Source: Business Wire
Grew Revenue by 47% to $29.5 Million Grew Genomic Test Volume by 33% to 9,162 Tests Company Raises 2019 Annual Revenue Guidance Conference Call and Webcast Today at 5:00 p.m. ET SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)-- Veracyte, Inc. (Nasdaq: VCYT), a leading genomic diagnostics company, today announced financial results for the first quarter ended March 31, 2019 and provided an update on recent business progress. “We delivered excellent results in the first quarter of 2019,” said Bonnie Anderson, chairman and chief executive officer of Veracyte. “Product revenue and genomic volume both grew significantly in the quarter, and our biopharmaceutical service revenue exceeded our expectations. We also demonstrated financial discipline, improving our cash used in operating activities by 86%.” Anderson continued, “In addition, we received a final Medicare coverage Show less Read more
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