earnings
confidence high
sentiment positive
materiality 0.85
Veracyte Q2 revenue $55.1M (+166% YoY); raises 2021 guidance to $200-208M
VERACYTE, INC.
2021-Q2 EPS reported
-$0.78
revenue$91,808,000
- Total revenue $55.1M, up 166% YoY; net loss $9.0M ($0.13 per share) improved 18%.
- Genomic test volume 20,856, up 215% YoY and 44% sequentially.
- Raises FY2021 revenue guidance to $200-208M from $190-200M.
- Received Medicare coverage for Decipher Bladder; signed managed care contract for Decipher Prostate (~20M members).
- Planned HalioDx acquisition announced; new CFO, CBO, CIO appointed.