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Vericel Corp [VCEL] reports annual net loss of $3,182,000.0

Vericel Corp [VCEL] reports annual net loss of $3,182,000.0

Company Reports Revenue of $197.5 million

By USInMinutes
Published - Feb 29, 2024, 12:42 PM ET
Last Updated - Feb 29, 2024, 12:42 PM EST

Vericel Corp [VCEL] has reported a net loss of $3,182,000.0 for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $197.5 million

Based in CAMBRIDGE, Massachusetts, Vericel Corp operates in the MANUFACTURING sector.

Consolidated Statements of Operations (12 Months Ended)

Revenue:

- This year's total revenue amounted to $197.5 million, showing an increase from the previous year's $164.4 million and the year before that at $156.2 million. The growth can be attributed to strong product sales performance.

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