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

CryoPort

05/05/2023 15:10

* Cryoport Inc  CYRX.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for a loss
of 19 cents per share.
    * Revenue rose 20.1% to $62.82 million from a year ago;
analysts
expected $62.15 million. 
    * The mean earnings estimate of analysts had fallen by
about 40.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Cryoport Inc shares had fallen by 12.5% this quarter and
gained 21.1% so far this year.
    * The company reported a quarterly loss of $7.57 million.
    * Wall Street's median 12-month price target for Cryoport
Inc is
$30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 02:09 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.15          -0.23          Missed