Veracyte Q4 Loss Widens

(RTTNews) - Veracyte, Inc. (VCYT) Tuesday said fourth-quarter net loss and comprehensive loss was $5.9 million, wider than $4.8 million in the comparable quarter last year. Loss per share for the latest fourth quarter was $0.42 per share, narrower than $7.27 per share last year.

On average, three analysts polled by Thomson Reuters expected the company to report a loss of $0.38 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $6.84 million, up 53% from $4.46 million last year. Analysts expected revenues of $6.43 million.