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CryoPort, Inc. (CYRX) Reports Q4 Loss, Tops Revenue Estimates
CYRXCryoport(CYRX) ZACKS·2025-03-04 23:35

Core Insights - CryoPort, Inc. reported a quarterly loss of 0.42pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.42 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.33, but an improvement from a loss of 0.51pershareayearago[1]Thecompanyachievedrevenuesof0.51 per share a year ago [1] - The company achieved revenues of 59.53 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 0.46% and showing growth from 57.26millionyearoveryear[2]CryoPortshareshavedeclinedapproximately38.457.26 million year-over-year [2] - CryoPort shares have declined approximately 38.4% since the beginning of the year, contrasting with the S&P 500's decline of only 0.5% [3] Earnings Outlook - The earnings outlook for CryoPort is currently favorable, with a Zacks Rank of 2 (Buy), indicating expectations for the stock to outperform the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -0.29 on revenues of 58.53million,andforthecurrentfiscalyear,itis58.53 million, and for the current fiscal year, it is -1.06 on revenues of $248.09 million [7] Industry Context - The Transportation - Services industry, to which CryoPort belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8]