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AVITA Medical to Announce Second Quarter 2024 Financial Results

Key Takeaway: AVITA Medical, Inc. (NASDAQ: RCEL) has announced the date for its second quarter 2024 financial results, set to be reported after U.S. market close on August 8, 2024. The company will also host a conference call and webcast on the same day to discuss the results and recent business highlights. AVITA Medical specializes in regenerative medicine and their RECELL System has received multiple approvals for wound care applications, underscoring their innovative approach in the field.
Price reaction · baseline $8.31 (2024-07-10 close) · hit after-hours · clean, no other RCEL news in the window
day 0 close
+5.8%
day 1
+12.6%
day 3 · peak
+25.2%

Market Sentiment Analysis

POSITIVE FACTORS

  • AVITA Medical is set to release its financial results, indicating ongoing business activity.
  • The company is at the forefront of innovation in regenerative medicine with its RECELL System.
  • Their technology is improving clinical outcomes in wound care management.

Full Press Release Details

VALENCIA, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care management and skin restoration, today announced that it will report its second quarter 2024 financial results after the close of the U.S. financial markets on Thursday, August 8, 2024. AVITA Medical will host a conference call and webcast that day at 1:30 p.m. Pacific Time (Friday, August 9, 2024, at 6:30 a.m. Australian Eastern Standard Time) to discuss its financial results and recent business highlights.
The live webcast will be accessible through AVITA Medical’s Investor Relations website at ir.avitamedical.com. To participate by telephone, please register in advance to receive dial-in details and a personal PIN using this link. A replay of the webcast will be available shortly after the live event on the Investor Relations website.
About AVITA Medical, Inc.
AVITA Medical® is a commercial-stage regenerative medicine company transforming the standard of care in wound care management and skin restoration with innovative devices. At the forefront of our platform is the RECELL® System, approved by the U.S. Food and Drug Administration for the treatment of thermal burn wounds and full-thickness skin defects, and for repigmentation of stable depigmented vitiligo lesions. RECELL harnesses the regenerative properties of a patient’s own skin to create Spray-On Skin™ Cells, delivering a transformative solution at the point-of-care. This breakthrough technology serves as the catalyst for a new treatment paradigm enabling improved clinical outcomes. AVITA Medical also holds the exclusive rights to market, sell, and distribute PermeaDerm®, a biosynthetic wound matrix, in the United States.
In international markets, the RECELL System is approved to promote skin healing in a wide range of applications including burns, full-thickness skin defects, and vitiligo. The RECELL System is TGA-registered in Australia, has received CE-mark approval in Europe and has PMDA approval in Japan.
To learn more, visit www.avitamedical.com.
Authorized for release by the Chief Financial Officer of AVITA Medical, Inc.

Frequently Asked Questions

When will AVITA Medical announce its Q2 2024 financial results?

AVITA Medical will report its Q2 2024 financial results on August 8, 2024.

How can I access the AVITA Medical webcast?

The webcast can be accessed via AVITA Medical's Investor Relations website.

What is the RECELL System used for?

The RECELL System treats thermal burn wounds, full-thickness skin defects, and vitiligo.

Is the RECELL System approved internationally?

Yes, the RECELL System is approved for various skin healing applications globally.

What innovative technology does AVITA Medical offer?

AVITA Medical's innovative technology includes the RECELL System for skin restoration.

Last updated: Jul 11, 2024