Cord Blood Banking Leader Cryo-Cell Reports Fiscal First 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 first quarter ended February 29, 2024.Financial ResultsRevenueThe revenues for the first quarter of fiscal 2024 were $7.85 million compared to $7.82 million for the first quarter of fiscal 2023. The revenues for the first quarter of fiscal 2024 consisted of $7.81 million in processing and storage fee revenue, $3,000 in product revenue and approximately $44,000 in public banking revenue compared to $7.56 million in processing and storage fees, approximately $32,000 in product revenue and approximately $231,000 in public banking revenue for the first quarter of fiscal 2023.Net IncomeThe Company reported net income of approximately $556,000 or $0.07 per basic and diluted common share for the three months ended February 29, 2024 compared to net income of approximate
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CCEL
News
- Cryo-Cell plans to explore strategic alternatives and spin-off its Celle Corp unit [Seeking Alpha]Seeking Alpha
- Cryo-Cell Announces Plans to Explore Strategic Alternatives and Spin-off Celle Corp. to Maximize Shareholder ValueBusiness Wire
- Cryo-Cell Reports Financial Results for Fiscal Year Ended November 30, 2023Business Wire
CCEL
Sec Filings
- 4/15/24 - Form 10-Q
- 3/26/24 - Form 8-K
- 2/28/24 - Form 10-K
- CCEL's page on the SEC website