earnings
confidence high
sentiment positive
materiality 0.75
Veracyte Q3 revenue $115.9M (+29% YoY), net income $15.2M
VERACYTE, INC.
2024-Q3 EPS reported
$0.25
revenue$327,132,000
- Testing revenue $109.5M (+34%); total testing volume 36,792 (+24%); total tests 39,032 (+20%).
- Decipher revenue +48%, volume +36% (21,250 tests); Afirma revenue +19%, volume +12% (15,100 tests).
- GAAP net income $15.2M; adjusted EBITDA $27.3M (24% margin); operating cash flow $30.0M.
- Presented Decipher Prostate clinical data from STAMPEDE (ESMO) and VANDAAM (ASTRO); added two directors and SVP of Operations.