Veracyte Q3 Earnings Beat Estimates, 2024 Guidance Raised

Veracyte (VCYT) delivered third-quarter 2024 earnings of 19 cents per share, which marked a stupendous improvement from the year-ago period’s loss of 3 cents per share. The figure beat the Zacks Consensus Estimate of 2 cents per share by a huge 850%.The company-adjusted earnings per share (EPS) were 33 cents, reflecting a 94.1% year-over-year improvement.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.RevenuesRevenues increased 28.6% year over year to $115.9 million, which outpaced ...