SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Veracyte Inc. (VCYT) on Wednesday reported net income of $31.5 million in its third quarter.

On a per-share basis, the South San Francisco, California-based company said it had net income of 38 cents. Earnings, adjusted for one-time gains and costs, were 51 cents per share.

The molecular diagnostic company posted revenue of $151.8 million in the period.

Veracyte expects full-year revenue in the range of $590 million to $593 million.

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