VCEL - Vericel GAAP EPS of -$0.15 misses by $0.03 revenue of $36.07M beats by $1.76M

Vericel press release (NASDAQ:VCEL): Q1 GAAP EPS of -$0.15 misses by $0.03. Revenue of $36.07M (+4.3% Y/Y) beats by $1.76M. The company reaffirmed financial guidance for FY2022: Total net revenue in the range of $178M to $189M vs. consensus of $183.62M; MACI revenue expected to be in the range of $132M to $141M; Epicel revenue expected to be in the range of $45.5M to $47.5M; Gross margin expected to be approximately 70%; Adjusted EBITDA margin expected to be approximately 21%.

For further details see:

Vericel GAAP EPS of -$0.15 misses by $0.03, revenue of $36.07M beats by $1.76M