Click to copy
Click to copy

CryoLife: 2Q Earnings Snapshot

July 30, 2019

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRY at https://www.zacks.com/ap/CRY

All contents © copyright 2019 The Associated Press. All rights reserved.