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Veracyte Q1 Non-GAAP Earnings, Revenue Rise; Raises 2026 Revenue Guidance; Shares Up Pre-Bell

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-- Veracyte (VCYT) reported Q1 non-GAAP net income late Tuesday of $0.52 per diluted share, up from $0.31 a year earlier.

Analysts polled by FactSet expected $0.33.

Revenue for the three months ended March 31 rose to $139.1 million from $114.5 million a year earlier.

Analysts surveyed by FactSet expected $130.4 million.

The company raised 2026 revenue guidance to $582 million to $592 million from $570 million to $582 million previously. Analysts surveyed by FactSet expect $580.4 million.

Veracyte shares rose more than 12% in recent premarket activity Wednesday.

Price: $37.00, Change: $+4.03, Percent Change: +12.22%

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