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VERACYTE, INC. [VCYT]  posts $36.56M profit as revenue rises 35.09% to $296.54M

VERACYTE, INC. [VCYT] posts $36.56M profit as revenue rises 35.09% to $296.54M

By USInMinutes
Published - Mar 03, 2023, 08:49 AM ET
Last Updated - Mar 06, 2023, 12:23 PM EST
 Net Sales: $296.54M  
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VERACYTE, INC. [VCYT] posted a profit of $36.56M, marking a rise of 148.38% for this year.

Revenue rose to $296.54M this year compared to $219.51M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $36.56M, up 148.38% from $-75.56M.

The company’s net sales for the period were $296.54M, up 35.09%. Net sales in the previous year were $219.51M.

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