Cryoport, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2023
July 13, 2023 at 02:02 am IST
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Cryoport, Inc. provided earnings guidance for the second quarter and full year 2023. For the quarter, total revenue is expected to be in the range of $56.5 Million to $57.5 Million, representing a decrease of 11%, at the midpoint, compared to the second quarter of 2022.
For the year, the Company is revising its full year financial outlook, with revenue now expected to be in the range of $233 Million to $243 Million.
Cryoport, Inc. is engaged in supply chain solutions for cell and gene therapies. The Companyâs supply chain solutions enable manufacturers, contract manufacturers (CDMOâs), contract research organizations (CROâs), developers, and researchers to carry out their business with certainty. The Company provides a broad array of supply chain solutions for the life sciences industry. Through its platform of critical products and solutions, including advanced temperature-controlled packaging, informatics, specialized bio-logistics services, bio-storage, bio-services, and cryogenic systems, the Company is enabling the future of medicine worldwide, through its systems, compliant procedures, and approach to supply chain management. Its products and services include Cryoport Express Shippers, Cryoport ELITE Shipper Systems, Cryoport Consulting Services, Cryoport Bioservices, CRYOGENE, CRYOPDP Temperature-controlled Logistics, Cryoport Cryoshuttle, IntegriCell Services, Tec4Med, and others.
CRYOPORT, INC. 
