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

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

November 8, 2023 7:55 AM EST

Record Third Quarter Revenue of $45.6 Million, Representing 18% Growth versus Prior Year

MACI Revenue Growth of 21% to $37.6 Million

Full-Year 2023 Revenue Guidance Raised to $192.5-197.5 Million

Conference Call Today at 8:30am Eastern Time

CAMBRIDGE, Mass., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ: VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today reported financial results and business highlights for the third quarter ended September 30, 2023.

Third Quarter 2023 Financial Highlights... More