other material
confidence high
sentiment positive
materiality 0.75
Celularity raises FY 2024 net sales guidance to $54-60M; October sales hit record $8.3-8.9M
Celularity Inc
- Raises full-year 2024 expected net sales guidance to $54M-$60M from $50M-$56M, citing strong advanced biomaterial sales.
- Expected net sales through October 31, 2024: $44.4M ($40.2M advanced biomaterials, $4.2M biobanking); includes ~$9M from new Rebound product.
- October 2024 expected net sales of $8.3M-$8.9M marks highest-ever single-month figure.
- Filed Q2 2024 Form 10-Q on Nov 6, resolving Nasdaq non-compliance notice from Oct 16, 2024.
- Advanced biomaterial product sales for first half 2024 exceeded $24M, surpassing full-year 2023 total.