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Stock impact report

Vericel Corp (VCEL) Reports Robust Revenue and EBITDA Growth in Q4 and Full-Year 2023 [Yahoo! Finance]

Vericel Corporation (VCEL) 
Last vericel corporation earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.vcel.com/investor-relations
Company Research Source: Yahoo! Finance
Full-Year Revenue Growth : Full-year 2023 revenue grew by 20% to $197.5 million. Net Income Leap : Q4 net income soared by 119% to $13.0 million, or $0.26 per diluted share. Adjusted EBITDA Growth : Adjusted EBITDA for Q4 increased by 50% to $22.3 million, with a margin of 34%. 2024 Financial Guidance : Vericel anticipates 2024 total net revenue to be between $237 to $241 million with an adjusted EBITDA margin of approximately 20%. Warning! GuruFocus has detected 4 Warning Sign with VCEL. On February 29, 2024, Vericel Corp ( NASDAQ:VCEL ) released its 8-K filing , detailing a strong financial performance for the fourth quarter and full year of 2023. The company, a fully integrated, commercial-stage biopharmaceutical company specializing in advanced therapies for sports medicine and severe burn care markets, has reported significant growth in both revenue and profitability metrics. Financial Performance and Highlights Vericel's total net revenue for Q4 2023 increased by Show less Read more
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