Cord Blood Banking Leader Cryo-Cell Reports Fiscal Second Quarter 2024 Financial Results
Cryo-Cell International, Inc. (CCEL)
NASDAQ:AMEX Investor Relations:
cryo-cell.com/investor-relations
Company Research
Source: Business Wire
OLDSMAR, Fla.--(BUSINESS WIRE)--Cryo-Cell International, Inc. (NYSE American LLC: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal second quarter ended May 31, 2024.Financial ResultsRevenueConsolidated revenues for the second quarter of fiscal 2024 were $8.0 million compared to $7.8 million for the second quarter of fiscal 2023, a 3% increase. The revenues for the second quarter of fiscal 2024 consisted of $7.97 million in processing and storage fee revenue, $41,000 in public banking revenue and $36,000 in product revenue compared to $7.58 million in processing and storage fee revenue, $164,000 in public banking revenue and $27,000 in product revenue for the second quarter of fiscal 2023.Net IncomeThe Company reported net income for the three months ended May 31, 2024 of $656,000, or $0.08 per basic and diluted shares, compared to net income of $221,000, or $0.03 per basic and diluted shares
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CCEL
Sec Filings
- 9/17/24 - Form 8-K
- 7/15/24 - Form 10-Q
- CCEL's page on the SEC website