Vericel (NASDAQ: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.
