Here's Why Veracyte Jumped 22.5% Higher Today [The Motley Fool]
Veracyte, Inc. (VCYT)
Last veracyte, inc. earnings: 2/25 04:05 pm
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US:NASDAQ Investor Relations:
investor.veracyte.com/investor-relations
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Source: The Motley Fool
The genomic test maker posted a mighty fine third quarter. Brian Orelli ( TMFBiologyFool ) Oct 30, 2018 at 5:27PM What happened Shares of Veracyte ( NASDAQ:VCYT ) closed up 22.5% today after the company reported revenue growth of 34% for the third quarter, giving management the confidence to raise 2018 guidance. So what Test volume increased 23% year over year, buoyed by Veracyte's Afirma Genomic Sequencing Classifier, which tests thyroid nodules to see if they need to be removed. Adoption of Veracyte's lung cancer test, the Percepta Bronchial Genomic Classifier that launched almost a year ago, is picking up. Test volume increased 21% compared to the second quarter. The company thinks it'll perform somewhere between 500 and 1,000 Percepta tests in the fourth quarter. Veracyte still isn't cash-flow positive, but it's headed in the right dire
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VCYT
News
- Veracyte (NASDAQ:VCYT) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Veracyte (NASDAQ:VCYT) was given a new $48.00 price target on by analysts at Morgan Stanley.MarketBeat
- Veracyte (NASDAQ:VCYT) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Veracyte (NASDAQ:VCYT) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Veracyte (NASDAQ:VCYT) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=VCYT&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> fMarketBeat
VCYT
Earnings
- 11/4/25 - Beat
VCYT
Sec Filings
- 12/5/25 - Form 144
- 12/4/25 - Form 4
- 12/4/25 - Form 4
- VCYT's page on the SEC website