Vericel: Q1 Earnings Insights

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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.

Earnings

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.

Past Earnings Performance

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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VCELVericel Corp
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