Vericel Full Year 2024 Earnings: EPS Beats Expectations

Vericel (NASDAQ:VCEL) Full Year 2024 Results

Key Financial Results

• Revenue: US$237.2m (up 20% from FY 2023).
• Net income: US$10.4m (up from US$3.18m loss in FY 2023).
• Profit margin: 4.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: US$0.21 (up from US$0.067 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Vericel EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 8.6% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Vericel's balance sheet and an in-depth analysis of the company's financial position.

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