Vericel Rises 12%; Prel. Annual Revenue In Line With Estimates

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Shares of Vericel Corporation (VCEL) are rising more than 12% Tuesday morning. Today the company announced preliminary revenue which is in line with estimates.

Total net revenue for full-year 2022 expected to be approximately $164 to $165 million. Analysts expect the company to report revenue of $164.62 million.

VCEL is at $26.92. It has traded in the range of $17.30-$43.97 in the last 1 year.

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