Cryoport (CYRX) Misses Q2 EPS by 6c

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Cryoport Revenues Climb 74% for the Second Quarter of Fiscal Year 2016

November 16, 2015 8:02 AM EST

LAKE FOREST, Calif., Nov. 16, 2015 /PRNewswire/ -- Cryoport, Inc. (NASDAQ: CYRX) ("Cryoport" or the "Company") today announced financial results for the three and six month periods ended September 30, 2015.

Commenting on the second quarter results, Jerrell Shelton, Chief Executive Officer of Cryoport, stated, "We delivered strong top line growth of 74%, overcoming seasonality and orders that slipped to our third fiscal quarter. This growth was driven by the addition of a significant number of new clients, as well as continuing growth within our existing client base. Given our traction and client... More