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Vericel GAAP EPS of -$0.19 misses by $0.07, revenue of $37.05M misses by $1.3M

Aug. 03, 2022 7:59 AM ETVericel Corporation (VCEL) StockBy: Niloofer Shaikh, SA News Editor
  • Vericel press release (NASDAQ:VCEL): Q2 GAAP EPS of -$0.19 misses by $0.07.
  • Revenue of $37.05M (-6.3% Y/Y) misses by $1.3M.
  • FY2022 Outlook: Total revenue guidance maintained at $178M to $189M vs. consensus of $182.19M; MACI revenue guidance maintained at $132M to $141M; Gross margin now expected to be approximately 69%, offset by lower operating expenses; Adjusted EBITDA margin maintained at approximately 21%.

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