Cryoport Revenue Climbs to $53.3 Million for First Quarter 2021

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Cryoport (CYRX) Tops Q1 EPS by 5c

May 4, 2021 4:28 PM EDT

Cryoport (NASDAQ: CYRX) reported Q1 EPS of ($0.13), $0.05 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $53.28 million versus the consensus estimate of $46.78 million.

Jerrell Shelton, CEO of Cryoport, said, \"It was a strong quarter and it developed as we had anticipated. We entered 2021 with an unrivaled leadership position with market-leading temperature-controlled supply chain solutions for the life sciences industry in our markets of Biopharma/Pharma, Animal Health and Reproductive Medicine. Our global platform, consisting of 32 locations and a family of companies that provide mutually reinforcing solutions, services and products, delivered... More