CryoPort: Q1 Earnings Insights

CryoPort (NASDAQ:CYRX) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM. Here’s what investors…

CryoPort (NASDAQ:CYRX) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

CryoPort beat estimated earnings by 15.79%, reporting an EPS of $-0.16 versus an estimate of $-0.19.

Revenue was up $10.52 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 8.79% increase in the share price the next day.

Here’s a look at CryoPort’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.19 -0.14 -0.15 -0.22
EPS Actual -0.24 -0.15 -0.23 -0.31
Revenue Estimate 58.27M 70.10M 64.95M 52.86M
Revenue Actual 60.36M 60.46M 64.15M 52.30M

To track all earnings releases for CryoPort visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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