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Vericel to Report Second-Quarter 2023 Financial Results on August 2, 2023

Key Takeaway: Vericel Corporation has announced it will report its financial results for the second quarter of 2023 on August 2, 2023. Management will conduct a conference call and webcast to discuss the results and business highlights. The live event can be accessed via their Investor Relations website, with a replay available until August 2, 2024. Vericel continues to focus on advanced therapies for sports medicine and severe burn care, indicating steady operations.
Price reaction · baseline $39.25 (2023-07-19 close) · hit after-hours · clean, no other VCEL news in the window
day 0 close · peak
-2.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Vericel will report its second-quarter financial results, indicating ongoing business activity.
  • The company continues to lead in advanced therapies for sports medicine and severe burn care.
  • Management will discuss business highlights, suggesting potential positive developments.

Full Press Release Details

CAMBRIDGE, Mass., July 20, 2023 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that it will report its second-quarter 2023 financial results on Wednesday, August 2, 2023. Vericel’s management will host a conference call and webcast at 8:30 a.m. (ET) to discuss its financial results and business highlights.
The live webcast can be accessed on the Investor Relations section of the Vericel website at http://investors.vcel.com/events-presentations. Please visit the site at least 15 minutes prior to the scheduled start time in order to register and download the required audio software, if necessary. Presentation slides for the conference call will be available on the webcast and on the Investor Relations section of the Vericel website.
To participate by telephone, please register here to receive dial-in details and your personal passcode. A replay of the webcast will be available on the Vericel website until August 2, 2024.
About Vericel Corporation
Vericel is a leader in advanced therapies for sports medicine and severe burn care. The Company manufactures and markets two cell therapy products and one specialty biologic product in the United States. MACI® (autologous cultured chondrocytes on porcine collagen membrane) is an autologous cellularized scaffold product indicated for the repair of symptomatic, single or multiple full-thickness cartilage defects of the knee with or without bone involvement in adults. Epicel® (cultured epidermal autografts) is a permanent skin replacement for the treatment of patients with deep dermal or full thickness burns greater than or equal to 30% of total body surface area. Vericel also holds an exclusive license for North American rights to NexoBrid® (anacaulase-bcdb), a biological orphan product containing proteolytic enzymes, which is indicated for the removal of eschar in adults with deep partial-thickness and/or full-thickness burns. For more information, please visit www.vcel.com.

Frequently Asked Questions

When will Vericel report its Q2 2023 financial results?

Vericel will report its Q2 2023 financial results on August 2, 2023.

How can I access the Vericel conference call?

The conference call can be accessed via the Investor Relations section of Vericel's website.

What products does Vericel Corporation offer?

Vericel offers MACI®, Epicel®, and licensed NexoBrid® for sports medicine and burn care.

Is a replay of the conference call available?

Yes, a replay will be available on Vericel's website until August 2, 2024.

Last updated: Jul 20, 2023