Vericel Reports Fourth Quarter and Full-Year 2018 Financial Results and Provides Full-Year 2019 Financial Guidance

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Go back to Vericel Reports Fourth Quarter and Full-Year 2018 Financial Results and Provides Full-Year 2019 Financial Guidance

Vericel (VCEL) Tops Q4 EPS by 7c, Revenues Beat; Offers FY19 Revenue Outlook

February 26, 2019 7:39 AM EST

Vericel (NASDAQ: VCEL) reported Q4 EPS of $0.11, $0.07 better than the analyst estimate of $0.04. Revenue for the quarter came in at $31.3 million versus the consensus estimate of $28.68 million.

Total net product revenues increased 41% to $31.3 million compared to $22.2 million in the fourth quarter of 2017;Gross margins of 72% compared to gross margins of 64% in the fourth quarter of 2017;Net income of $5.2 million,... More