04:21 PM EST, 01/14/2025 (MT Newswires) -- Vericel ( VCEL ) reported preliminary Q4 net revenue late Tuesday of about $75.2 million to $75.7 million, compared with $65 million a year earlier.

Analysts polled by FactSet expect $77.9 million.

The company said it had about $167 million in cash, restricted cash and investments, and no debt, as of Dec. 31.

Vericel ( VCEL ) shares were down 13% in recent after-hours activity.