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Cryoport Q4 Net Loss Widens, Revenue Falls; Issues Guidance
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Cryoport Q4 Net Loss Widens, Revenue Falls; Issues Guidance
Mar 12, 2024 1:49 PM

04:24 PM EDT, 03/12/2024 (MT Newswires) -- Cryoport ( CYRX ) reported Q4 net loss late Tuesday of $1.31 per diluted share, widening from a net loss of $0.24 a year earlier.

Analysts polled by Capital IQ expected a net loss of $0.33.

Revenue for the quarter ended Dec. 31 was $57.3 million, down from $60.4 million a year earlier. Analysts surveyed by Capital IQ expected $58.4 million.

The company expects 2024 revenue of $242 million to $252 million. Analysts polled by Capital IQ expect $253.2 million.

Price: 15.69, Change: -0.61, Percent Change: -3.74

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