(RTTNews) - Veracyte Inc. (VCYT) revealed earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $19.13 million, or $0.24 per share. This compares with $15.15 million, or $0.19 per share, last year.
Excluding items, Veracyte Inc. reported adjusted earnings of $40.96 million or $0.51 per share for the period.
Analysts on average had expected the company to earn $0.32 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.8% to $131.87 million from $115.86 million last year.
Veracyte Inc. earnings at a glance (GAAP) :
-Earnings: $19.13 Mln. vs. $15.15 Mln. last year. -EPS: $0.24 vs. $0.19 last year. -Revenue: $131.87 Mln vs. $115.86 Mln last year.
-Guidance: Full year revenue guidance: $484 - $487 Mln
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