Veracyte's (VCYT) Q4 Loss Widens, Gross Margin Expands

Published on 23 Feb 2024 on Zacks via Yahoo Finance

Veracyte's (VCYT) Q4 Loss Widens, Gross Margin Expands

Veracyte VCYT delivered a diluted loss of 39 cents per share in the fourth quarter of 2023 compared to a loss of 5 cents per share in the year-ago period. The reported figure is also wider than the Zacks Consensus Estimate of a loss of 7 cents per share.

For the full year, the diluted loss of $1.02 per share came in higher than the loss of 51 cents per share in the year-ago period and the Zacks Consensus Estimate of 70 cents.

Revenues

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Veracyte's (VCYT) Q4 Loss Widens, Gross Margin Expands

NASDAQ.VCYT price evolution

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