Cryo-Cell Q2 fiscal 2021 revenue down 8% to $7.21M; net income rises to $1.17M

CRYO CELL INTERNATIONAL INC

2021-Q2 EPS reported $0.23 revenue$14,065,812

Revenue $7.21M, down 8% from $7.87M; processing/storage fees $7.16M.
Net income $1.17M ($0.15 basic EPS) vs $953K ($0.13) a year ago; net income up 23%.
Cost of sales decreased 10% and SG&A decreased 12% year-over-year, offsetting revenue decline.
Recorded $432K decrease in fair value of contingent consideration liability from Cord:Use earn-out; $240K amortization on Duke University license.

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