Cryoport's Q2 revenue rises 14%, beats estimates

Reuters
08/06
Cryoport's <a href="https://laohu8.com/S/QTWO">Q2</a> revenue rises 14%, beats estimates

Overview

  • Cryoport Q2 2025 revenue grows 14% yr/yr, beating analyst expectations

  • Life Sciences Services revenue rises 21%, driven by cell & gene therapy demand

Outlook

  • Cryoport reaffirms 2025 revenue guidance of $165 mln to $172 mln

  • Company expects 20 more application filings in 2025

  • Cryoport anticipates one new therapy approval in 2025

Result Drivers

  • CELL & GENE THERAPY DEMAND - Revenue from commercial cell & gene therapies increased 33% yr/yr, driven by growing adoption

  • BIOLOGISTICS SOLUTIONS - Revenue from BioLogistics Solutions rose 20% yr/yr, reflecting strong demand for integrated platform

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

$45.50 mln

$41.70 mln (9 Analysts)

Q2 Gross Margin

47.0%

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy"

  • Wall Street's median 12-month price target for Cryoport Inc is $10.50, about 31.8% above its August 4 closing price of $7.16

Press Release: ID:nPn9QvxxVa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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