Vericel: Q1 Earnings Insights

Vericel VCEL reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:55 AM.

Here's what investors need to know about the announcement.

Vericel missed estimated earnings by 6.67%, reporting an EPS of $-0.16 versus an estimate of $-0.15.

Revenue was up $4.94 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 0.33% drop in the share price the next day.

Here's a look at Vericel's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.03	-0.10	-0.12	-0.12
EPS Actual	0.12	-0.14	-0.19	-0.15
Revenue Estimate	52.94M	40.99M	38.27M	34.31M
Revenue Actual	52.69M	38.55M	37.05M	36.07M

To track all earnings releases for Vericel visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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