Vericel Reports Third Quarter 2023 Financial Results and Raises Full-Year 2023 Financial Guidance

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Vericel (VCEL) Tops Q3 EPS by 4c, Beats on Revenue; Offers FY23 Revenue Guidance

November 8, 2023 7:56 AM EST

Vericel (NASDAQ: VCEL) reported Q3 EPS of ($0.08), $0.04 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $45.6 million versus the consensus estimate of $45.14 million.

GUIDANCE:

Vericel sees FY2023 revenue of $192.5-197.5 million, versus the consensus of $195.8... More