Cryoport Reports Third Quarter 2024 Financial Results
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Cryoport, Inc. reported a 9% year-over-year increase in Q3 2024 Life Sciences Services revenue, with BioStorage/BioServices revenue up 12%. The company supported a record 691 global clinical trials and reaffirmed its full-year 2024 revenue guidance of $225 to $235 million.
November 07, 2024 | 9:15 pm
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Cryoport reported a 9% increase in Q3 2024 revenue, with BioStorage/BioServices revenue up 12%. The company supported 691 global clinical trials and reaffirmed its 2024 revenue guidance.
The positive revenue growth and reaffirmation of revenue guidance suggest strong business performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100