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Jun 30, 2022
Vericel Q2 2022 Earnings Report
Reported second quarter financial results with total net revenue of $37.0 million.
Key Takeaways
Vericel Corporation reported a decrease in total net revenue to $37.0 million for the second quarter of 2022, with MACI net revenue reaching $28.6 million. The company experienced a net loss of $9.0 million, or $0.19 per share, and achieved a non-GAAP adjusted EBITDA of $2.8 million.
Total net revenue was $37.0 million.
MACI net revenue reached $28.6 million.
Net loss was $9.0 million, or $0.19 per share.
Non-GAAP adjusted EBITDA was $2.8 million.
Revenue by Segment
Forward Guidance
Vericel maintained its total revenue guidance at $178 to $189 million and MACI revenue guidance at $132 to $141 million. Gross margin is now expected to be approximately 69%, offset by lower operating expenses. Adjusted EBITDA margin is maintained at approximately 21%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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