Overview
* Cryoport ( CYRX ) Q3 revenue rises 15% yr/yr, driven by cell & gene therapy growth
* Company updates full-year 2025 revenue guidance to $170-$174 mln
* Cryoport ( CYRX ) reports Q3 net loss of $8.9 mln
* Company repurchased 483,397 shares for $3.7 mln in Q3
Outlook
* Cryoport ( CYRX ) raises full-year 2025 revenue guidance to $170 mln-$174 mln
* Company anticipates growth from DHL partnership and new supply chain centers
* Cryoport's ( CYRX ) 2025 guidance depends on economic and geopolitical factors
Result Drivers
* CELL & GENE THERAPY - Revenue from commercial cell & gene therapies grew 36% yr/yr, contributing significantly to Q3 results
* BIOSTORAGE/BIOSERVICES - Life Sciences Services revenue increased 16% yr/yr, with BioStorage/BioServices revenue up 21%, reflecting strong demand
* CRYOGENIC SYSTEMS - Life Sciences Products revenue grew 15% yr/yr, supported by sustained demand for cryogenic systems
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net -$8.90
Income mln
Q3 Gross 48.20%
Margin
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "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 ( CYRX ) is $13.00, about 30.5% above its November 3 closing price of $9.04
Press Release:
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(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.)