AVITA Medical, Inc. (RCEL) Misses Q2 EPS by 10c

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AVITA Medical Reports Second Quarter Financial Results

August 10, 2023 4:01 PM EDT

VALENCIA, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH) (the Company), a regenerative medicine company leading the development and commercialization of first-in-class devices and autologous cellular therapies for skin restoration, today reported financial results for the second quarter June 30, 2023.

Financial Highlights and Recent Updates

Commercial revenue of $11.7 million, a 42% increase compared to $8.2 million for the same period in 2022Received Food and Drug Administration (FDA) approval of premarket approval (PMA) supplement for the use of RECELL to treat full-thickness skin defects on June... More