AI brief of an SEC Form 8-K · Vericel (VCEL)

Vericel Q2 revenue rises 15% to $52.7 million; profitability guidance raised

Positive Impact 4 of 5 earnings Written later

Vericel reported second-quarter 2024 total revenue of $52.7 million, up 15% from $45.9 million a year earlier, and a net loss of $4.7 million, or $0.10 per share, versus $5.0 million, or $0.11 per share, in the prior-year quarter. The company reaffirmed its 2024 total net revenue guidance of $238 million to $242 million and raised its full-year gross margin guidance to 71% and adjusted EBITDA margin guidance to 21%.

Key points

  • Q2 2024 total net revenue was $52.7 million, up 15%; MACI net revenue rose 21% to $44.1 million
  • Net loss narrowed to $4.7 million, or $0.10 per diluted share, from $5.0 million, or $0.11, a year earlier
  • Non-GAAP adjusted EBITDA rose 42% to $6.3 million, a 12% margin
  • 2024 guidance: total net revenue reaffirmed at $238 million to $242 million; gross margin raised to 71% and adjusted EBITDA margin to 21% from 70% and 20%

The filing

CompanyVericel (VCEL)
Form8-K, current report
Filed with the SECAug 1, 2024, 8:04 AM ET
Accession number0001628280-24-033894

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.