VCEL - Vericel GAAP EPS of $0.12 beats by $0.08 revenue of $52.69M misses by $0.27M
- Vericel press release ( NASDAQ: VCEL ): Q4 GAAP EPS of $0.12 beats by $0.08 .
- Revenue of $52.69M (+10.7% Y/Y) misses by $0.27M .
- MACI net revenue of $46.3 million and Epicel net revenue of $6.3 million
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2023 Financial Guidance
- Total net revenue for 2023 expected to be in the range of $180 to $188 million ($191.12M consensus)
- MACI revenue expected to be in the range of $152 to $156 million
- Total Burn Care revenue, which includes Epicel and NexoBrid, expected to be in the range of $28 to $32 million
- Gross margin expected to be in the high-60% range
- Adjusted EBITDA margin expected to be in the mid-teens % range
- Total net revenue for 2023 expected to be in the range of $180 to $188 million ($191.12M consensus)
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Vericel GAAP EPS of $0.12 beats by $0.08, revenue of $52.69M misses by $0.27M