Vericel Reports Record Third Quarter Revenues of $22.5 Million and Raises Full Year 2018 Revenue Guidance

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Vericel Corporation (VCEL) PT Raised to $20 at BTIG

November 6, 2018 1:16 PM EST

BTIG analyst Ryan Zimmerman raised the price target on Vericel Corporation (NASDAQ: VCEL) to $20.00 (from $17.00) while maintaining a Buy rating following strong results driven by both MACI and Epicel growth.

Zimmerman said the guidance raise was 'encouraging' as both biopsy growth and expanding... More

Vericel (VCEL) Tops Q3 EPS by 9c, Revenues Beat; Raises FY18 Revenue Guidance Above Consensus

November 6, 2018 7:41 AM EST

Vericel (NASDAQ: VCEL) reported Q3 EPS of ($0.02), $0.09 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $22.5 million versus the consensus estimate of $18.14 million.

We achieved record third quarter revenues and our consistently strong revenue growth has generated significant improvements in... More