CryoLife: 2Q Earnings Snapshot
KENNESAW, Ga. (AP) _ CryoLife Inc. (CRY) on Tuesday reported second-quarter net income of $2.8 million.
On a per-share basis, the Kennesaw, Georgia-based company said it had net income of 7 cents. Earnings, adjusted for one-time gains and costs, were 11 cents per share.
The biological medical device maker posted revenue of $71.1 million in the period.
CryoLife expects full-year earnings in the range of 28 cents to 32 cents per share, with revenue in the range of $280 million to $284 million.
CryoLife shares have increased 7.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $30.52, a climb of slightly more than 5% in the last 12 months.