earnings
confidence high
sentiment positive
materiality 0.80
Vericel Q4 revenue $52.7M record; net income up 31%; 2023 guidance $180-188M
Vericel Corp
2022-FY EPS reported
-$0.35
revenue$164,365,000
- Q4 total revenue $52.7M (+11% YoY); MACI revenue $46.3M (+24% YoY); Epicel $6.3M.
- Q4 net income $5.9M ($0.12 diluted) vs $4.5M ($0.09) a year ago; adjusted EBITDA $14.9M (28% margin).
- Full-year 2022 total revenue $164.4M; net loss $16.7M ($0.35 diluted); adjusted EBITDA $24.2M (15% margin).
- 2023 guidance: total revenue $180-188M, MACI $152-156M, burn care $28-32M, gross margin high-60%.
- FDA approved NexoBrid for eschar removal; U.S. commercial launch expected Q2 2023; arthroscopic MACI on track for 2024.