BUZZ-Vericel falls as prelim Q4 revenue misses estimates

Reuters

2025/01/15

** Shares of drugmaker Vericel VCEL.O fall 12.7% to $51.25 in extended trading

** VCEL expects prelim Q4 revenue in the range of about $75.2 million to $75.7 million

** Analysts estimate Q4 revenue of $77.93 mln on average -data compiled by LSEG

** VCEL expects Q4 gross margin to be ~77% vs estimates of 75.43%

** Co expects 20% to 23% total revenue growth for 2025

** As of Dec 31, 2024, co had ~$167 million in cash, restricted cash and investments, and no debt - VCEL

** Up to last close, stock gained ~53% over the past 12 months

(Reporting by Mariam Sunny in Bengaluru)

((Mariam.ESunny@thomsonreuters.com;))

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