Vericel Reports Fourth Quarter and Full-Year 2019 Financial Results and Provides Full-Year 2020 Financial Guidance

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Go back to Vericel Reports Fourth Quarter and Full-Year 2019 Financial Results and Provides Full-Year 2020 Financial Guidance

Vericel (VCEL) Misses Q4 EPS by 2c, Revenues Beat; Offers FY20 Revenue Outlook Below Consensus

February 25, 2020 8:08 AM EST

Vericel (NASDAQ: VCEL) reported Q4 EPS of $0.18, $0.02 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $39.4 million versus the consensus estimate of $38.99 million.

Fourth Quarter 2019 Financial Highlights

Total net product revenues increased 26% to $39.4 million, compared to $31.3 million in the fourth quarter of 2018, marking the eleventh consecutive quarter with record revenues for... More