Vericel Corporation (VCEL) Reports Q3 Loss, Tops Revenue Estimates
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Vericel Corporation (VCEL) reported a Q3 loss of $0.02 per share, which was better than the Zacks Consensus Estimate of a $0.05 loss. This is an improvement from the $0.08 loss per share reported a year ago.
November 07, 2024 | 3:30 pm
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Vericel Corporation reported a smaller-than-expected Q3 loss of $0.02 per share, beating the Zacks Consensus Estimate of $0.05. This is an improvement from the previous year's $0.08 loss per share.
The better-than-expected earnings report, with a smaller loss than anticipated, is likely to have a positive impact on Vericel's stock price in the short term. The improvement from last year's loss also suggests positive momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100