Vericel (NASDAQ:VCEL) reported its Q2 earnings results on Wednesday, August 3, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Vericel missed estimated earnings by 58.33%, reporting an EPS of $-0.19 versus an estimate of $-0.12.
Revenue was down $2.47 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 8.15% drop in the share price the next day.
Here's a look at Vericel's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | 0.14 | -0.03 | -0.08 |
| EPS Actual | -0.15 | 0.09 | -0.11 | -0.08 |
| Revenue Estimate | 34.31M | 48.98M | 38.07M | 36.67M |
| Revenue Actual | 36.07M | 47.59M | 34.51M | 39.52M |
To track all earnings releases for Vericel visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.