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0 0 0.00451127819548889 0.00375939849624074 0.00701754385964915 0.0030075187969926 0.00852130325814545 0.00852130325814545
Stock impact report

Veracyte (VCYT) Reports Narrower Q1 Loss, Raises '24 Sales View [Yahoo! Finance]

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: Yahoo! Finance
The reported figure is also narrower than the Zacks Consensus Estimate of a loss of 19 cents per share. Revenues Revenues reported in the first quarter increased 17.5% year over year to $96.8 million. The metric exceeded the Zacks Consensus Estimate by 3.3%. Quarterly Details Testing revenues were $90.3 million in the reported quarter, up 24.7% year over year. This rise was mainly due to Decipher and Affirma volumes, along with ASP (Average Selling Price) growth, driven by payer contracting and prior period collection. Product revenues fell 9.1% year over year to $3.5 million. Veracyte, Inc. Price, Consensus and EPS Surprise Veracyte, Inc. price-consensus-eps-surprise-chart | Veracyte, Inc. Quote Biopharmaceutical and other revenues of $3.0 million reflected a 51% decrease compared to last year's figure. This was mainly affected by the overall spending constraints across the industry. Margins The total cost of revenues (product, testing, biopharmaceutical and other Show less Read more
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