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Cryoport Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-05 20:19
Core Insights - Cryoport, Inc. reported strong financial results for Q2 and H1 2025, with total revenue from continuing operations increasing by 14% year-over-year to $45.5 million in Q2 and 12% to $86.5 million in H1 [10][19][20] - The company achieved double-digit growth across all revenue streams within Life Sciences Services, with a notable 21% increase year-over-year [2][4] - A strategic partnership with DHL Group was launched, enhancing Cryoport's global biologistics capabilities and providing a strong capital infusion [5][10] Financial Performance - Life Sciences Services revenue for Q2 2025 was $24.4 million, up 21% from $20.2 million in Q2 2024, and accounted for 54% of total revenue [19][10] - BioLogistics Solutions revenue increased by 20% year-over-year to $19.9 million, while BioStorage/BioServices revenue rose 28% to $4.5 million [19][10] - Life Sciences Products revenue grew 8% year-over-year to $21.1 million [19][10] Profitability Metrics - Gross margin from continuing operations improved to 47.0% in Q2 2025, compared to 44.5% in Q2 2024 [19][10] - Adjusted EBITDA was a negative $0.9 million for Q2 2025, an improvement from negative $5.6 million in Q2 2024 [21][10] Strategic Developments - The company supported 728 global clinical trials as of June 30, 2025, a net increase of 44 trials from the previous year [7][9] - Cryoport's customer, Abeona Therapeutics, received FDA approval for their cell therapy ZEVASKYNTM during the quarter [9][10] Guidance and Future Outlook - Cryoport reaffirmed its full-year 2025 revenue guidance, expecting total revenue from continuing operations to be in the range of $165 million to $172 million, representing 5% to 10% growth year-over-year [24][10] - The company anticipates additional application filings and therapy approvals in the remainder of 2025 [11][10]
CryoPort, Inc. (CYRX) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2025-07-29 15:01
Core Viewpoint - CryoPort, Inc. (CYRX) is anticipated to report a year-over-year increase in earnings despite lower revenues, with the upcoming earnings report expected to significantly influence its stock price [1][2]. Earnings Expectations - The consensus estimate indicates a quarterly loss of $0.20 per share, reflecting a year-over-year change of +39.4% [3]. - Revenues are projected to be $41.63 million, which is a decrease of 27.7% compared to the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 1.72% higher, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for CryoPort is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +3.39% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [10]. - CryoPort currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, CryoPort was expected to post a loss of $0.23 per share but actually reported a loss of -$0.22, resulting in a surprise of +4.35% [13]. - Over the past four quarters, CryoPort has exceeded consensus EPS estimates three times [14]. Industry Context - Schneider National (SNDR), a peer in the Zacks Transportation - Services industry, is expected to report earnings per share of $0.21, unchanged from the previous year, with revenues projected at $1.42 billion, up 8.1% [18]. - Schneider National has an Earnings ESP of +3.08% but holds a Zacks Rank of 4 (Sell), complicating predictions for an earnings beat [19].
CryoPort, Inc. (CYRX) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-07-25 14:56
Core Viewpoint - CryoPort, Inc. (CYRX) has reached a significant support level and shows potential for investors from a technical perspective due to a "golden cross" formation in its moving averages [1] Technical Analysis - CYRX's 50-day simple moving average has recently broken above its 200-day moving average, indicating a bullish breakout potential [1] - A golden cross consists of three stages: a downtrend that bottoms out, a crossover of the shorter moving average above the longer one, and continued upward momentum [2] Performance Metrics - Over the past four weeks, CYRX has gained 9.5%, suggesting positive momentum [3] - The company currently holds a 3 (Hold) rating on the Zacks Rank, indicating it could be poised for a breakout [3] Earnings Outlook - There have been no earnings estimate cuts for the current quarter, with 0 revisions lower and 0 revisions higher in the past 60 days, indicating a stable earnings outlook [3] - The Zacks Consensus Estimate for CYRX has also increased, further solidifying the bullish case [3][4] Investment Consideration - The combination of positive earnings estimate revisions and the technical breakout suggests that investors should monitor CYRX for potential gains in the near future [4]
Cryoport to Report Second Quarter 2025 Financial Results on August 5, 2025
Prnewswire· 2025-07-22 12:00
Core Viewpoint - Cryoport, Inc. is set to report its financial results for the second quarter of 2025 on August 5, 2025, after U.S. markets close, highlighting its ongoing commitment to transparency and communication with investors [1][2]. Financial Reporting - The earnings release will be accompanied by a document titled "Cryoport Second Quarter 2025 in Review," which will provide insights into the company's financial and operational performance, as well as a general business update [2]. - A conference call will be held on the same day at 5:00 p.m. ET, allowing the investment community to ask questions regarding the reported results [3]. Conference Call Details - The conference call will be accessible via dial-in numbers for both U.S. and international participants, with a confirmation request for the "Cryoport Call" or Conference ID: 1197564 [4]. - A recording of the Q&A session will be available approximately three hours after the live event, with a dial-in replay option available until August 12, 2025 [5]. Company Overview - Cryoport, Inc. is recognized as a global leader in temperature-controlled supply chain solutions for the life sciences, focusing on regenerative medicine [6]. - The company offers a comprehensive suite of services and products designed to minimize risk and maximize reliability across the temperature-controlled supply chain, including advanced packaging, informatics, and biostorage solutions [6]. - Headquartered in Nashville, Tennessee, Cryoport maintains a strong global presence with operations across the Americas, EMEA, and APAC [6].
Cryoport's MVE Biological Solutions Introduces Next Generation Vapor Shippers
Prnewswire· 2025-07-08 12:00
Core Viewpoint - Cryoport, Inc. has launched new vapor shippers, the SC 4/2V and SC 4/3V, which enhance the reliability and safety of transporting sensitive biological materials at cryogenic temperatures [1][2]. Product Features - The SC 4/2V and SC 4/3V models have extended hold times, with the SC 4/2V now capable of holding for up to 19 days (previously 13 days) and the SC 4/3V for 26 days (up from 21 days), providing greater flexibility during transit [3]. - The new vapor shippers incorporate MVE's patented BEND DON'T BREAK™ technology, designed to absorb impact and reduce damage during shipping [3][4]. - Additional features include a newly integrated lid locking tab to prevent breakage and the patent-pending Vapor Shield Technology, which minimizes vacuum loss due to liquid nitrogen overfilling [4]. Company Commitment - MVE Biological Solutions emphasizes its commitment to refining products to meet customer demands, highlighting the new shippers' longer hold times, reduced refill frequency, and lower operating costs [4]. - Cryoport's CEO stated that these advancements are part of ongoing efforts to improve products and services that support temperature-controlled supply chain solutions for the life sciences [4]. Market Position - Cryoport, Inc. is recognized as a global leader in temperature-controlled supply chain solutions for the life sciences, focusing on regenerative medicine and supporting various stakeholders, including biopharmaceutical companies and researchers [6].
What Makes CryoPort, Inc. (CYRX) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-07-04 17:06
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Summary: CryoPort, Inc. (CYRX) - CYRX currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] - Over the past week, CYRX shares increased by 16.33%, significantly outperforming the Zacks Transportation - Services industry, which rose by 1.78% [5] - In a longer timeframe, CYRX shares have risen by 46.46% over the past three months and 22.36% over the past year, while the S&P 500 only increased by 16.66% and 14.76%, respectively [6] - The average 20-day trading volume for CYRX is 562,557 shares, indicating a bullish trend as the stock is rising with above-average volume [7] Earnings Outlook - In the past two months, three earnings estimates for CYRX have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from -$0.84 to -$0.82 [9] - For the next fiscal year, three estimates have also moved upwards, reflecting positive sentiment regarding the company's earnings potential [9] Conclusion - Given the strong momentum indicators and positive earnings outlook, CYRX is identified as a promising investment opportunity with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]
CryoPort (CYRX) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-06-27 17:01
Core Viewpoint - CryoPort, Inc. (CYRX) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of a company's shares, leading to significant buying or selling actions that affect stock prices [4]. Recent Performance and Outlook - For the fiscal year ending December 2025, CryoPort is expected to earn -$0.82 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 25.7% over the past three months [8]. - The upgrade to Zacks Rank 2 places CryoPort in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [9][10].
Cryoport Completes CRYOPDP Divestiture and Commences Strategic Partnership with DHL Group
Prnewswire· 2025-06-12 12:00
Core Insights - Cryoport, Inc. has completed the divestiture of its specialty courier business, CRYOPDP, to DHL Group for approximately $200 million in cash [1][4] - A strategic partnership has been established between Cryoport and DHL to enhance supply chain services in the global life sciences and healthcare sector [2][3] Financial Impact - The divestiture provides a significant capital infusion, improving Cryoport's growth trajectory and positioning the company for sustainable, long-term profitability [4] Strategic Focus - The partnership with DHL is expected to enhance Cryoport's capabilities in the Asia Pacific and EMEA regions, allowing for targeted services in response to market demand [3] - Cryoport aims to intensify its focus on advancing its Life Science Services platform, particularly in the regenerative medicine market [3] Company Overview - Cryoport is a leader in temperature-controlled supply chain solutions for the life sciences, emphasizing regenerative medicine [5] - The company offers a comprehensive suite of services designed to minimize risk and maximize reliability across the temperature-controlled supply chain [5]
Wall Street Analysts Believe CryoPort (CYRX) Could Rally 81.43%: Here's is How to Trade
ZACKS· 2025-05-28 14:56
Core Viewpoint - CryoPort, Inc. (CYRX) has seen a 7.3% increase in share price over the past four weeks, closing at $6.03, with a potential upside indicated by Wall Street analysts' mean price target of $10.94, suggesting an 81.4% increase [1][11]. Price Targets and Analyst Estimates - The mean estimate consists of nine short-term price targets with a standard deviation of $3.05, indicating variability among analysts; the lowest estimate is $6.50 (7.8% increase), while the highest is $15 (148.8% increase) [2][9]. - Analysts' consensus on price targets is often questioned, as they may not accurately reflect future stock prices; empirical research suggests that price targets can mislead investors [3][7]. - Despite skepticism around price targets, a low standard deviation among estimates indicates strong agreement among analysts regarding the stock's price direction [9][10]. Earnings Estimates and Market Sentiment - Analysts are optimistic about CYRX's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlate with stock price movements [4][11]. - The Zacks Consensus Estimate for the current year has risen by 20.8% over the past month, with four estimates increasing and no negative revisions [12]. - CYRX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for near-term upside [13].
Does CryoPort (CYRX) Have the Potential to Rally 54.74% as Wall Street Analysts Expect?
ZACKS· 2025-05-12 15:00
Group 1 - CryoPort, Inc. (CYRX) shares have increased by 22.5% in the past four weeks, closing at $7.07, with a mean price target of $10.94 indicating a potential upside of 54.7% [1] - The average price targets from analysts range from a low of $6.50 to a high of $15, with a standard deviation of $3.05, suggesting variability in estimates [2] - Analysts are optimistic about CYRX's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a strong correlation with stock price movements [4][11] Group 2 - The Zacks Consensus Estimate for CYRX's current year earnings has increased by 23.2% over the past month, with four estimates revised upward and no negative revisions [12] - CYRX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for upside [13] - While price targets may not be entirely reliable, the direction they imply can serve as a useful guide for potential price movements [10][13]