Cryoport Revenue Grows 83% for Second Quarter 2019

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Cryoport (CYRX) Reports In-Line Q2 EPS, Revenues Beat

August 8, 2019 4:50 PM EDT

Cryoport (NASDAQ: CYRX) reported Q2 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $8.5 million versus the consensus estimate of $7.85 million.

Financial Highlights:

Revenue increased 83% to $8.5 million for the three-month period ended June 30, 2019, compared with the same period in the prior year.Revenue increased 75% to $15.1 million for the six-month period ended June 30, 2019, compared with the same period in the prior year.Excluding the Cryogene acquisition consummated in May of 2019, revenue grew 71% and 68% for the three and six-month periods ended June 30,... More