Veracyte: Sustainable Rally Supported By Spectacular Execution In Q3

Nov. 05, 2022 7:43 AM ETVeracyte, Inc. (VCYT)CDNA, NSTG, NTRA, NVTA, UNH1 Comment
Bashar Issa profile picture
Bashar Issa


  • VCYT exceeded investors' expectations, coupling solid revenue growth with improved profitability.
  • Unique international exposure offers revenue tailwinds as Europe accelerates gene diagnostic testing adoption.
  • In view of the probability that the political and regulatory pattern of 2014-2016 for LDT oversight may repeat, I am revising my regulatory risk rating from high to medium.

Scientist in the lab using microscope

Luis Alvarez/DigitalVision via Getty Images

Investment Thesis

In past articles, I talked about a paradigm shift in the gene testing industry from a "growth at all cost" to a "profitable growth" market approach pushed primarily by rising capital costs as the era of free money

This article was written by

Bashar Issa profile picture
Bashar is a contributing writer at Seeking Alpha, focusing on Long/Short investment ideas, with a geographic focus in North America. Before that, Bashar worked at an Investment Fund in the United Kingdom. He has a Master's degree in Finance from the Queen Mary University of London and a Bachelor's degree in Economics from Middlesex University.

Disclosure: I/we have a beneficial long position in the shares of NTRA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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