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NEW YORK – Genomic sequencing firm Personalis reported after the close of the market on Wednesday that its third quarter revenues were up 47 percent year over year, driven by a single sequencing contract.

In its second earnings report after going public in June, the company said it recorded total revenues of $17.2 million compared to $11.7 million in Q3 2018, beating Wall Street analysts' consensus estimate of $15.8 million.

According to Personalis, its ongoing contract with the US Department of Veterans Affairs was the main driver for this quarterly growth.

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