VCEL - Vericel GAAP EPS of -$0.08 beats by $0.04 revenue of $45.6M beats by $0.45M
2023-11-08 07:57:33 ET
- Vericel press release ( NASDAQ: VCEL ): Q3 GAAP EPS of -$0.08 beats by $0.04 .
- Revenue of $45.6M (+18.1% Y/Y) beats by $0.45M .
- MACI net revenue of $37.6 million, Epicel net revenue of $7.4 million and NexoBrid net revenue of $0.6 million
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2023 Financial Guidance
- Total net revenue for 2023 now expected to be in the range of $192.5 to $197.5 million VS $195.78M consensus, compared to the previous guidance of $190 to $197 million
- Maintaining profitability guidance of gross margin in the high-60% range and adjusted EBITDA margin in the mid-teens % range
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Vericel GAAP EPS of -$0.08 beats by $0.04, revenue of $45.6M beats by $0.45M