Vericel Corporation (VCEL) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the VeriCell Corporation Third Quarter 2025 Earnings Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Eric Burns, VeriCell'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 VeriCell's President and Chief Executive Officer, Dick Colangelo, and our Chief Finance Officer, Joe Marra. Before we begin, let me remind you that on today's call, we will be making forward-looking statements covered under the Private Securities Litigation Reform Act of 1995. These statements may involve risks and uncertainties that could cause actual results to differ materially from expectations and are described more fully in our findings with the SEC. In addition, all forward-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 third quarter financial results press release and short presentation with highlights from 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. The company delivered outstanding financial and business results in the third quarter, with strong top line revenue growth and even higher profit growth, a significant inflection in operating cash flow, and continued progress across a number of key business initiatives. The company generated record third quarter total revenue, which exceeded our guidance for the quarter, record third quarter MESI revenue, which increased 25% over last year, and the highest quarterly burn care revenue of the year, as Epizel had one of its highest revenu...