Veracyte Stock Gains on Q1 Earnings and Revenue Beat, Gross Margin Up

Veracyte, Inc. (VCYT) delivered first-quarter 2025 earnings of 31 cents per share, which marked a stupendous improvement of 63.2% from the year-ago period’s figure of 19 cents. The bottom line beat the Zacks Consensus Estimate by 55%.The company-adjusted earnings per share (EPS) were 9 cents compared to the year-ago period’s loss of 2 cents per share. Following the earnings announcement, VCYT’s share price gained 1.2% yesterday. VCYT’s Q1 RevenuesRevenues increased 18.3% year over year to $114.5 million, wh ...