Q3 2024 Earnings Call November 7, 2024 Forward Looking Statements Statements in this press release which are not purely historical, including statements regarding Cryoport's intentions, hopes, beliefs, expectations, representations, projections, plans, or predictions of the future, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, those related to Cryoport's industry, business, long-ter ...

Financial Performance - CryoPort, Inc. reported a quarterly loss of $0.02 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.25, representing an earnings surprise of 92% [1] - The company posted revenues of $56.66 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.52%, but showing a slight increase from $56.16 million year-over-year [2] - Over the last four quarters, CryoPort has surpassed consensus EPS estimates two times, but has not beaten consensus revenue estimates during the same period [2] Stock Performance - CryoPort shares have declined approximately 48.2% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.22 on revenues of $59.54 million, and for the current fiscal year, it is -$1.68 on revenues of $229.79 million [7] Industry Outlook - The Transportation - Services industry, to which CryoPort belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of CryoPort's stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number: 001-34632 CRYOPOR ...

Exhibit 99.1 Cryoport Reports Third Quarter 2024 Financial Results § Q3 2024 Life Sciences Services revenue up 9% year-over-year, including BioStorage/BioServices revenue up 12% yearover-year § Supported a record total of 691 global clinical trials as of September 30, 2024 § Company reaf irmed full year 2024 revenue guidance of $225 to $235 million NASHVILLE, Tennessee, November 7, 2024, - Cryoport, Inc. (NASDAQ: CYRX) (Cryoport), a global leader in supply chain solutions for the life sciences industry, tod ...

Core Insights - Cryoport, Inc. reported a 9% year-over-year increase in Life Sciences Services revenue for Q3 2024, with BioStorage/BioServices revenue rising by 12% [1][2] - The company supported a record total of 691 global clinical trials as of September 30, 2024, marking a net increase of 21 trials from the previous year [1][9] - Cryoport reaffirmed its full-year 2024 revenue guidance of $225 million to $235 million, anticipating continued growth in services despite ongoing softness in product sales [3][20] Financial Performance - Total revenue for Q3 2024 was $56.7 million, a slight increase of 1% compared to $56.2 million in Q3 2023 [14] - Life Sciences Services revenue for Q3 2024 was $39.3 million, up 9% year-over-year, while Life Sciences Products revenue decreased by 13.7% to $17.4 million [14][15] - For the first nine months of 2024, total revenue was $168.9 million, down from $176.0 million in the same period of 2023 [14] Gross Margin and Operating Costs - The total gross margin improved to 44.8% in Q3 2024 from 43.2% in Q3 2023, with Life Sciences Services gross margin at 46.0% [15] - Operating costs and expenses for Q3 2024 were $41.8 million, slightly higher than $41.2 million in Q3 2023 [16] Net Income and Adjusted EBITDA - Cryoport reported a net income of $0.8 million for Q3 2024, a significant improvement from a net loss of $13.3 million in Q3 2023 [17] - Adjusted EBITDA for Q3 2024 was a negative $2.4 million, an improvement from a negative $3.1 million in Q3 2023 [18] Cash Position and Debt Management - As of September 30, 2024, Cryoport held $272.7 million in cash, cash equivalents, and short-term investments [18] - The company announced a repurchase program for up to $200 million of its common stock and/or convertible senior notes, with $175 million in convertible senior notes repurchased during Q3 2024 [18] Market Position and Future Outlook - Cryoport is strategically positioned to leverage anticipated long-term growth in the Life Sciences and Cell & Gene Therapy markets through its integrated supply chain solutions [5] - The company plans to focus on profitable growth and maintaining a strong balance sheet amid ongoing macroeconomic challenges [5][20]

Core Viewpoint - Cryoport, Inc. will report its financial results for the third quarter of 2024 on November 7, 2024, after U.S. markets close [1]. Financial Results Announcement - The earnings release will be accompanied by a document titled "Cryoport Third Quarter 2024 in Review," which will provide a review of the company's financial and operational performance [2]. - The document will be available at 4:05 p.m. ET on the same day, designed for pre-reading before the Q&A conference call [2]. Conference Call Details - A conference call will be held on November 7, 2024, at 5:00 p.m. ET, formatted as a Q&A session for the investment community [3]. - Dial-in numbers for the call are provided for both U.S. and international participants, along with a confirmation code [4]. Replay Information - The Q&A call will be recorded and available for replay approximately three hours after the live event, accessible on the company's Investor Relations website [5]. - A dial-in replay will also be available until November 14, 2024, with specific numbers provided for access [5]. Company Overview - Cryoport, Inc. is a global leader in supply chain solutions for the life sciences, focusing on cell and gene therapies [6]. - The company offers a wide range of services, including advanced temperature-controlled packaging, bio-logistics, and cryogenic systems, aimed at reducing risks and ensuring certainty for its clients [6]. - The corporate headquarters is located in Nashville, Tennessee, with over 50 global locations across 17 countries [7].

Core Insights - Cryoport, Inc. has formed a strategic alliance with Gulf Coast Regional Blood Center to enhance the availability of cryopreserved allogeneic leukopaks for cellular therapy research and treatment [1][2] - The partnership coincides with the opening of Cryoport's new IntegriCell™ facility in Houston, Texas, which is designed to support the life sciences community [1][2] Company Overview - Cryoport, Inc. is a global leader in supply chain solutions for the life sciences, focusing on cell and gene therapies, providing a range of services including temperature-controlled packaging and bio-logistics [3][4] - Gulf Coast Regional Blood Center is one of the largest community blood centers in the U.S., serving 170 hospitals and conducting over 7,000 mobile blood drives annually [5] Partnership Details - The collaboration integrates GCRBC's Cellular Life Solutions program with Cryoport's cryopreservation expertise, creating a unified service offering for the life sciences sector [2] - The proximity of GCRBC's CLS program to Cryoport's facility allows for efficient local transport of leukopaks, enhancing the quality and consistency of cellular therapy products [2] Strategic Importance - This partnership aims to accelerate the development of life-saving treatments by providing a streamlined process for cellular therapy products [2] - The alliance is expected to expand Cryoport's reach and impact in the cryopreservation services market, addressing industry challenges in the delivery of critical cellular materials [2]

Two ISO-Certified Industry Leaders Collaborate to Provide Fertility Clinics with Complete, Trusted Solutions for Secure IVF Specimen Management and Transport NASHVILLE, Tenn. and NEW YORK, Oct. 21, 2024 /PRNewswire/ -- Cryoport, Inc. (NASDAQ: CYRX) ("Cryoport"), a global leader in supply chain solutions for the life sciences industry, and TMRW Life Sciences ("TMRW"), a fertility technology company offering the highest standard of care in offsite storage for frozen eggs, embryos and sperm in the U.S. with th ...

Core Viewpoint - Cryoport, Inc. and VGXI, Inc. have formed a strategic partnership to enhance support for biopharmaceutical companies in the development of cell and gene therapies, as well as mRNA-based treatments [1][2][3] Group 1: Partnership Details - The partnership will leverage VGXI's expertise in plasmid DNA manufacturing and Cryoport's supply chain solutions, including biostorage and bioservices from Cryoport's Houston facility [2][3] - Operations for the partnership are set to commence in October 2024, providing comprehensive support for clinical programs [2][3] Group 2: Company Profiles - Cryoport, Inc. is a global leader in supply chain solutions for life sciences, focusing on cell and gene therapies, with over 50 global locations in 17 countries [4][5] - VGXI, Inc. specializes in nucleic acid biopharmaceuticals, including gene therapies and DNA vaccines, with over 20 years of experience in high-quality plasmid DNA production [6] Group 3: Leadership Insights - Jerrell Shelton, CEO of Cryoport, emphasized the partnership's commitment to quality and innovation, aiming to support the development of next-generation therapeutic modalities [3] - Young Park, CEO of VGXI, highlighted the importance of Cryoport as a trusted partner to ensure safe and secure storage and transport of biopharmaceutical assets [3]

The IntegriCell Platform Will Deliver High-Quality Cryopreservation Services for Cell-Based Therapies NASHVILLE, Tenn., Oct. 7, 2024 /PRNewswire/ -- Cryoport, Inc. (NASDAQ: CYRX) ("Cryoport" or "the Company"), a global leader in supply chain solutions for the life sciences, today announced the launch of its IntegriCell™ cryopreservation services solution provided by Cryoport Systems with the opening of its new facility located at Cryoport's integrated supply chain campus in Houston, Texas. This new state-of ...