NASDAQ$CYRX

CryoPort Inc. · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported solid performance and positive trends, driven by strength in Biopharma and increased activity in Reproductive Medicine.

Cryoport reported solid Q3 2020 results, driven by continued strength in Biopharma and Reproductive Medicine. The company completed milestone acquisitions of MVE Biological Solutions and CRYOPDP, expanding its global presence and capabilities. Cryoport is optimistic for continued growth in 2020 and strong momentum entering 2021, supported by an increasing number of regenerative medicine clinical trials and partnerships.

  • Regenerative medicine clinical trials supported by Cryoport increased to 517.
  • Reproductive Medicine benefited from increased activity as fertility clinics resumed operations.
  • Signed definitive agreements for the acquisitions of MVE Biological Solutions and CRYOPDP.
  • Cryoport is supporting 26 separate clinical trials related to COVID-19.

Headline financials

Total Revenue

$11.2M

Previous: $9.58M+16.6%
EPS (adj)

-$0.29

Previous: -$0.05-480.0%
Capital Expenditures

-$5.12M

Previous: -$4.19M-22.2%
Free Cash Flow

-$16.5M

Previous: -$16.7M+0.7%
Net Income

-$11.4M

Previous: -$12.5M+8.4%
Operating Income

-$10.7M

Previous: -$12.4M+13.1%
Gross Profit

$6.06M

Previous: $4.63M+30.9%
Cash & Equivalents

$162M

Previous: $44.6M+263.3%
Total Assets

$252M

Previous: $135M+86.9%
Stock-Based Comp

$2.43M

No prior period

Revenue & EPS history

CryoPort · Revenue · Quarterly

$11.2M

Q3 2020+16.6%vs Q3 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

Cryoport anticipates up to 21 MAA or BLA submissions for Cryoport-supported products in 2021.

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 Q3 2020

Historical avgQ3 2020

+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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro