Brief: Vericel Reports Q1 2023 Financial Results And Raises FY 2023 Financial Guidance

Vericel

10/05/2023 13:53

May 10 (Reuters) - Vericel Corp  VCEL.O :
    * VERICEL REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS AND
RAISES
FULL-YEAR 2023 FINANCIAL GUIDANCE
    * QTRLY LOSS PER SHARE $0.16
    * MAINTAINING PROFITABILITY GUIDANCE OF GROSS MARGIN IN
HIGH-60%
RANGE AND ADJUSTED EBITDA MARGIN IN MID-TEENS % RANGE FOR 2023
    * Q1 EARNINGS PER SHARE VIEW $-0.15 -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $186.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX8sjH1s 
Further company coverage:  VCEL.O 

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