earnings
confidence high
sentiment neutral
materiality 0.55
Cryo-Cell Q3 revenue $8.07M, net income $1.05M; strategic review ongoing, spinoff on hold
CRYO CELL INTERNATIONAL INC
2024-Q3 EPS reported
$0.27
revenue$23,961,761
- Revenue $8.07M vs $7.87M YoY; net income $1.05M ($0.13/diluted) vs $0.68M ($0.08).
- Gains on marketable securities $522k vs $93k YoY, boosting earnings.
- Company exploring strategic alternatives to maximize shareholder value; process ongoing.
- Spinoff of Celle Corp on hold due to arbitration demand with Duke University (see Form 10-Q).
- Board considering instituting regular quarterly dividend; no decision yet.