---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-021382"
form_type: "8-K"
ticker: "VCEL"
cik: "0000887359"
company_name: "Vericel Corp"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:57:37.506009+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vericel Q1 revenue up 25% to $51.3M; raises FY2024 guidance to $238-242M

## Summary
- MACI revenue grew 18% to $40.2M; Burn Care revenue up 63% to $11.1M (Epicel $10.7M, NexoBrid $0.4M).
- Net loss narrowed to $3.9M ($0.08/shr) from $7.5M; adjusted EBITDA surged 325% to $7.2M (14% margin).
- Gross margin improved ~400bps to 69%; FY2024 revenue guidance raised to $238-242M (from $237-241M).
- Over 60 NexoBrid P&T submissions, ~40 burn centers approved; no debt and $148M cash.

## SEC filing metadata
- accession: 0001628280-24-021382
- form_type: 8-K
- ticker: VCEL
- cik: 0000887359
- company_name: Vericel Corp
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887359/000162828024021382/0001628280-24-021382-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887359/000162828024021382/vcel-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-021382
- JSON: https://secwatch.observer/filing/0001628280-24-021382.json
- Plain text: https://secwatch.observer/filing/0001628280-24-021382.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.