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Vericel (VCEL) Misses Q2 EPS by 5c

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Vericel Reports Second-Quarter 2016 Financial Results

August 8, 2016 4:06 PM EDT

Total Revenues of $12.8 Million Reported for the Quarter

Conference Call Today at 4:30pm Eastern Time

CAMBRIDGE, Mass., Aug. 08, 2016 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ: VCEL), a leading developer of expanded autologous cell therapies for the treatment of severe diseases and conditions, today reported financial results for the second quarter ended June 30, 2016.

Total net revenues for the quarter ended June 30, 2016 were approximately $12.8 million and included approximately $9.0 million of Carticel net revenues and approximately $3.8 million of Epicel net revenues.  Previously announced downtime for the Carticel... More