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.