Vericel Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 41.02 million compared to USD 36.07 million a year ago. Net loss was USD 7.5 million compared to USD 7.09 million a year ago.

Basic loss per share from continuing operations was USD 0.16 compared to USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.16 compared to USD 0.15 a year ago.