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Tuesday, February 26, 2019

Vericel sees FY19 revenue $108M-$112M, consensus $109.9M

The company expects total net product revenues for 2019 to be in the range of $108 million to $112 million. The company also expects margins to continue to increase, with approximately 80% of marginal revenue over 2018 to contribute to gross profit and approximately 50% of marginal revenue over 2018 to contribute to adjusted EBITDA. Quarterly seasonality, which impacts both revenues and margins, is expected to follow the same pattern as 2018
https://thefly.com/landingPageNews.php?id=2870173

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