AVITA Medical, Inc. (RCEL) Discusses Business Progress, Operational Changes and Sequential Revenue Growth Transcript
AVITA Medical, Inc. recently discussed its business progress and operational changes during a quarterly webinar. The company reported a sequential revenue growth of 4.15% year-over-year, with revenues reaching $19.24 million. However, the earnings per share of -$0.35 fell short of expectations by $0.08.
- ▪AVITA Medical, Inc. reported a revenue of $19.24 million, which beat expectations by $600.60K.
- ▪The company's earnings per share were -$0.35, missing estimates by $0.08.
- ▪AVITA's sequential revenue growth was 4.15% year-over-year.
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