NASDAQ$CYRX
CryoPort Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Cryoport delivered a strong performance for the second quarter of 2022, marked by top-line growth and expansion of global supply chain centers.
Cryoport reported a strong second quarter in 2022, featuring a 14% overall revenue increase (18% on a constant currency basis). The company saw double-digit growth across all end markets, including Biopharma/Pharma, Reproductive Medicine, and Animal Health. Cryoport also progressed with its strategic expansion, opening new Global Supply Chain Centers and acquiring Cell&Co BioServices.
- Cryoport's overall top-line growth was 14% (18% on a constant currency basis).
- Biopharma/Pharma revenue reached $51.7 million, driven by support for global clinical trials and commercially launched therapies.
- The company supported a record 626 global clinical trials in regenerative medicine.
- Full year 2022 revenue guidance reiterated to be between $260 million and $265 million.
Headline financials
Revenue & EPS history
CryoPort · Revenue · Quarterly
$64.2M
Forward guidance
The Company expects that its revenue guidance for the full year 2022 of $260 - $265 million will be driven primarily by the record demand for dewars, cryogenic freezer, and shipper systems and solutions; growth from our support of global clinical trials and commercially launched therapies from our cell and gene therapy clients; growth in temperature-controlled logistics for the life sciences industry; and expanded client utilization of our new BioServices offering.
Tailwinds
- Record demand for dewars, cryogenic freezer, and shipper systems and solutions
- Growth from our support of global clinical trials
- Growth from support of commercially launched therapies from our cell and gene therapy clients
- Growth in temperature-controlled logistics for the life sciences industry
- Expanded client utilization of our new BioServices offering
Headwinds
- Ongoing and prolonged COVID-19 pandemic
- Supply chain constraints
- Inflationary pressures
- Effects of foreign currency fluctuations
- Other factors described in the Company’s filings with the Securities and Exchange Commission (“SEC”)
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+2.2%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+8.5%
Avg return
30 days after
49%
28 / 57 earnings
Positive
+31.6%
Q4 2013
Best reaction
-33.8%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +19.4% | +33.2% | +58.2% | |
| Q4 2025 | +2.9% | -4.7% | +3.3% | |
| Q3 2025 | -8.2% | -7.4% | +3.5% | |
| Q1 2025 | +23.4% | +23.3% | +23.7% | |
| Q4 2024 | +30.6% | -7.1% | +5.7% | |
| Q3 2024 | -3.6% | -0.9% | -8.6% | |
| Q2 2024 | +3.9% | +10.0% | +9.8% | |
| Q1 2024 | -17.5% | -16.7% | -30.6% | |
| Q4 2023 | -12.3% | -7.3% | +10.3% | |
| Q3 2023 | +8.9% | +8.4% | +46.7% | |
| Q2 2023 | -0.2% | +1.2% | -5.0% | |
| Q1 2023 | +13.9% | +4.5% | -6.3% | |
| Q4 2022 | +13.7% | +9.9% | +15.3% | |
| Q3 2022 | -33.8% | -35.7% | -26.5% | |
| Q2 2022 | +6.8% | +5.2% | -16.1% | |
| Q1 2022 | -8.5% | -14.6% | -2.8% | |
| Q4 2021 | +9.3% | +7.0% | +1.9% | |
| Q3 2021 | -1.0% | -1.2% | -22.8% | |
| Q2 2021 | -1.5% | -3.6% | +2.9% | |
| Q1 2021 | +9.0% | +11.6% | -2.4% | |
| Q4 2020 | -0.7% | -11.7% | -12.5% | |
| Q3 2020 | +5.0% | +24.2% | +12.8% | |
| Q2 2020 | -2.0% | -5.0% | +55.5% | |
| Q1 2020 | +2.0% | +17.0% | +22.6% | |
| Q4 2019 | +2.1% | +0.8% | -11.9% | |
| Q3 2019 | +1.4% | +3.9% | +5.6% | |
| Q2 2019 | +19.7% | +24.5% | +2.3% | |
| Q1 2019 | +12.5% | +12.5% | +17.7% | |
| Q4 2018 | -0.6% | +6.6% | +22.3% | |
| Q3 2018 | -1.0% | -9.4% | -2.0% | |
| Q2 2018 | -1.6% | -14.7% | -6.5% | |
| Q1 2018 | +11.8% | +23.0% | +67.4% | |
| Q4 2017 | +3.8% | +6.4% | -7.0% | |
| Q3 2017 | -15.1% | -22.9% | -10.5% | |
| Q2 2017 | -2.0% | +3.6% | +28.6% | |
| Q1 2017 | +8.2% | +9.0% | +46.9% | |
| Q4 2016 | +23.7% | +9.0% | +23.7% | |
| Q2 2016 | -7.5% | — | — | |
| Q1 2016 | +10.2% | — | — | |
| Q4 2015 | -3.0% | — | — | |
| Q3 2015 | +7.5% | — | — | |
| Q2 2015 | -14.4% | — | — | |
| Q1 2015 | -2.2% | — | — | |
| Q4 2014 | +6.4% | — | — | |
| Q3 2014 | -5.6% | — | — | |
| Q4 2013 | +31.6% | — | — | |
| Q3 2013 | -8.0% | — | — | |
| Q2 2013 | +5.3% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | -3.1% | — | — | |
| Q3 2012 | -10.8% | — | — | |
| Q2 2012 | -8.0% | — | — | |
| Q1 2012 | -2.7% | — | — | |
| Q1 2010 | +11.2% | — | — | |
| Q3 2009 | +1.4% | — | — | |
| Q2 2009 | -2.8% | — | — | |
| Q1 2009 | +0.0% | — | — |
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