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Vericel: Q2 Earnings Insights

 

Vericel VCEL reported its Q2 earnings results on Wednesday, August 3, 2022 at 08:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Vericel missed estimated earnings by 58.33%, reporting an EPS of $-0.19 versus an estimate of $-0.12.

Revenue was down $2.47 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 8.15% drop in the share price the next day.

Here’s a look at Vericel’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.12 0.14 -0.03 -0.08
EPS Actual -0.15 0.09 -0.11 -0.08
Revenue Estimate 34.31M 48.98M 38.07M 36.67M
Revenue Actual 36.07M 47.59M 34.51M 39.52M

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.

This post was originally published on this site

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