Vericel Q3 EPS $(0.08) Vs $(0.14) Last Year, Sales $45.58M Beat $45.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vericel (NASDAQ:VCEL) reported Q3 losses of $(0.08) per share, a 42.86% increase over losses of $(0.14) per share from the same period last year. The company's quarterly sales of $45.58 million beat the analyst consensus estimate of $45.15 million by 0.95%, a 18.24% increase over sales of $38.55 million the same period last year.
November 08, 2023 | 12:57 pm
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POSITIVE IMPACT
Vericel reported reduced losses and better-than-expected sales for Q3. This could potentially have a positive impact on the company's stock.
Vericel's Q3 report shows a reduction in losses and sales that beat estimates. This indicates a positive financial performance which could potentially lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100