Vericel Corporation (VCEL) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone. Good morning and welcome to the Verasel Corporation second quarter 2025 earnings call. Today's conference is being recorded. At this time I'd like to turn the conference over to Eric Burns, Verasel's Vice President of Finance and Investor Relations. Please go ahead. Thank you operator and good morning everyone. Joining me on today's call are Verasel's President and Chief Executive Officer Nick Colangelo and our Chief Financial Officer Joe Mara. Before we begin, let me remind you that on today's call we will be making four looking statements covered under the Private Security Litigation Reform Act of 1995. These statements may involve risks and uncertainties that could cause actual results to differ maturely from expectations and are described more fully in our bonds with the SEC. In addition, all four looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. Please note that a copy of our second quarter financial results press release and a short presentation with how to assume today's call are available in the investor relations section of our website. I will now turn the call over to Nick. Thank you Eric and good morning everyone. Company delivered solid financial and business results in the second quarter with significant revenue growth and margin expansion and substantially higher profitability growth. Total revenue increased 20% in the quarter while gross margin expanded more than 400 basis points to 74% and adjusted EBITDA increased 112% versus the prior year to over $13 million. We also saw continued strength in the Macy Growth Drivers and key performance indicators launch and significantly better performance for the burn care franchise. Importantly, we've h...