Global Cord Blood Corporation (CO) Reports Q3 EPS of $0.15, Revenues Beat

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Go back to Global Cord Blood Corporation (CO) Reports Q3 EPS of $0.15, Revenues Beat

Global Cord Blood Corporation Reports Financial Results for the Third Quarter and First Nine Months of Fiscal 2021

February 24, 2021 4:16 PM EST

HONG KONG, Feb. 24, 2021 /PRNewswire/ -- Global Cord Blood Corporation (NYSE: CO) ("GCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services, today announced its unaudited financial results for the third quarter and first nine months of fiscal 2021, ended December 31, 2020.

Third Quarter Fiscal 2021 Highlights

Revenues decreased by 13.1% year-over-year ("YoY") to RMB290.8 million ($44.6 million). New subscribers and accumulated subscriber base were 17,802 and 882,982[1], respectively. Gross profit decreased by 13.1% YoY to RMB245.9 million ($37.7 million). Gross... More