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Stock impact report

Veracyte Announces Third Quarter 2019 Financial Results and Business Progress

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
Revenue Grew 32% to $31.0 Million Genomic Test Volume Grew 24% to 9,941Company Presents Preliminary Data for First-Ever Noninvasive Nasal Swab Test for Lung Cancer Early DetectionConference Call and Webcast Today at 5:00 p.m. ET SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Veracyte, Inc. (Nasdaq: VCYT) today announced financial results and business progress for the third quarter ended September 30, 2019. For the third quarter of 2019, revenue was $31.0 million, an increase of 32% over the third quarter of 2018. Net cash used in operating activities in the third quarter of 2019 was $1.6 million, an improvement of 13% compared with the third quarter of 2018.“We had a solid third quarter in which we continued to drive volume and revenue growth across our products and grew biopharmaceutical services revenue through key milestone achievements,” said Bonnie H. Anderson, chairman and chief executive officer of Veracyte. “We are particularly excited by the new, preliminary data for our no Show less Read more
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