Vericel's Q3 Net Loss Narrows, Revenue Increases

MT Newswires Live

2024/11/07

Vericel (VCEL) reported a Q3 net loss Thursday of $0.02 per diluted share, narrowing from a $0.08 net loss per share a year earlier.

Analysts polled by Capital IQ expected a net loss of $0.05 per share.

Revenue for the quarter ended Sept. 30 was $57.9 million, compared with $45.6 million a year earlier.

Analysts polled by Capital IQ expected $55.2 million.

The company reiterated its 2024 revenue guidance of $238 to $242 million. Analysts polled by Capital IQ expect $240.1 million.

Price: 49.66, Change: +1.62, Percent Change: +3.36

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Analysts polled by Capital IQ expect $240.1 million.</p><p>Price: 49.66, Change: +1.62, Percent Change: +3.36</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VCEL","symbol_name":"Vericel Corporation","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2481573137","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481573137","pubTimestamp":1730990902,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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