Cryoport Systems reposted this
Just Released: Cryoport $CYRX announced Q2 2024 Financial Results. Check out our earnings recap below and full report here: https://lnkd.in/gddF-6wH ▪️ Commercial Cell & Gene Therapy revenue increased 𝟱𝟭% year-over-year and 𝟮𝟬% sequentially ▪️ A record total of 𝟲𝟴𝟰 global clinical trials supported as of June 30, 2024 ▪️ Cost reduction initiatives anticipated to result in approximately $𝟮𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 of annualized cost savings and drive Cryoport towards its goal of profitable growth, as well as a return to positive Adjusted EBITDA in 2025