Vericel (VCEL) Misses Q1 EPS by 2c; Withdraws FY20 Guidance

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Go back to Vericel (VCEL) Misses Q1 EPS by 2c; Withdraws FY20 Guidance

Vericel Reports First Quarter 2020 Financial Results

May 5, 2020 8:01 AM EDT

Product Revenues of $26.7 Million Increase 22% Over First Quarter 2019

Positive Cash Flow for the Quarter

Conference Call Today at 8:30am Eastern Time

CAMBRIDGE, Mass., May 05, 2020 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ: VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today reported financial results and business highlights for the first quarter ended March 31, 2020.

First Quarter 2020 Financial Highlights

Total net product revenues increased 22% to $26.7 million, compared... More