Business StrategyVCYT has no debt, $321M of cash, is cash flow positive, and profitable.
Financial PerformanceTotal 2Q revenues of $130.16M were solidly ahead of consensus $121M, and management initiated guidance of $496-504M while also raising testing revenues guide.
Product DevelopmentThe company's pipeline is expected to unlock more value with several catalysts and launches over the next 12 to 18 months.