Cryoport Inc reports results for the quarter ended in June - Earnings Summary

CryoPort

09/08/2023 22:39

* Cryoport Inc  CYRX.OQ  reported a quarterly adjusted loss
of 42
cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 24 cents per share.
    * Revenue fell 11.1% to $57.02 million from a year ago;
analysts
expected $59.36 million. 
    * Cryoport Inc's reported EPS for the quarter was a loss
of 42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.4%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates 
    * Cryoport Inc shares had fallen by 22.1% this quarter and
lost 22.5% so far this year.
    * The company reported a quarterly loss of $20.36 million.
    * Wall Street's median 12-month price target for Cryoport
Inc is
$21.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.24          -0.42          Missed
 Mar. 31 2023      -0.19          -0.16          Beat
 Dec. 31 2022      -0.19          -0.24          Missed
 Sep. 30 2022      -0.14          -0.15          Missed