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CYRX CryoPort News Story

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Brief: Cryoport Q2 Revenue USD 45.5 Million Vs. IBES Estimate USD 41.7 Million

Overview

Cryoport Q2 2025 revenue grows 14% yr/yr, beating analyst expectations

Life Sciences Services revenue rises 21%, driven by cell & gene therapy demand

Outlook

Cryoport reaffirms 2025 revenue guidance of $165 mln to $172 mln

Company expects 20 more application filings in 2025

Cryoport anticipates one new therapy approval in 2025

Result Drivers

CELL & GENE THERAPY DEMAND - Revenue from commercial cell & gene therapies increased 33% yr/yr, driven by growing adoption

BIOLOGISTICS SOLUTIONS - Revenue from BioLogistics Solutions rose 20% yr/yr, reflecting strong demand for integrated platform

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$45.50 mln$41.70 mln (9 Analysts)
Q2 Gross Margin47.0%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell" The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy" Wall Street's median 12-month price target for Cryoport Inc is $10.50, about 31.8% above its August 4 closing price of $7.16 Press Release: ID:nPn9QvxxVa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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