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NEW YORK (GenomeWeb) – Veracyte reported after the close of the market on Monday that its second quarter revenues rose 24 percent year over year as it beat analysts' consensus estimates on both the top and bottom lines.

For the three months ended June 30, the South San Francisco, California-based molecular diagnostics firm reported total revenues of $22.8 million, compared to $18.4 million a year ago. On average, analysts had expected Q2 revenues of $20.6 million.

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