earnings
confidence high
sentiment neutral
materiality 0.65
Cryoport reports FY 2024 revenue $228.4M (-2% YoY); guides FY 2025 revenue $240-250M
Cryoport, Inc.
- FY 2024 revenue $228.4M (down 2% YoY); Q4 revenue $59.5M (up 4% YoY).
- Net loss attributable to common shareholders FY 2024 $122.8M ($2.49/sh) vs $107.6M ($2.21/sh) in FY 2023.
- Commercial Cell & Gene therapy revenue grew 20% YoY to $25.9M in FY 2024.
- Adjusted EBITDA negative $15.1M in FY 2024 vs negative $8.3M in FY 2023.
- FY 2025 revenue guidance $240M-$250M; gross margin improved to 45.8% in Q4 2024.