Celularity Reports Full Year 2023 Combined Net Sales of $22.8 Million, a 26.7% Increase Over Full Year 2022, and Announces First Half 2024 Expected Combined Net Sales of $26.9 Million Representing 290% Growth Over First Half 2023
CELUCelularity (CELU) Newsfilter·2024-07-31 20:30

For the first quarter 2024, Celularity expects combined net sales of 14.8millionforitsadvancedbiomaterialproductandbiobankingbusinesses,comparedtothe14.8 million for its advanced biomaterial product and biobanking businesses, compared to the 10.25 million to 11.5millionguidancerangepreviouslyannouncedinFebruary.Celularitys expectedcombinednetsalesforthefirsthalf2024are11.5 million guidance range previously announced in February. Celularity's expected combined net sales for the first half 2024 are 25.8 to 27.8millioncomparedto27.8 million compared to 6.9 million of net sales in the first of 2023 at the midpoint of the 2024 range. Celularity reiterated it is on track to file a 510(k) premarket submission for its ...