Cryo-Cell Reports Financial Results for Fiscal Year Ended November 30, 2023
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 its fiscal year ended November 30, 2023.Financial ResultsRevenueConsolidated revenues for fiscal 2023 were $31.3 million compared to $30.3 million for fiscal 2022. The revenues for fiscal 2023 consisted of $30.8 million in processing and storage fee revenue, $66,000 in product revenue and $481,000 in public banking revenue compared to $29.8 million in processing and storage fee revenue, $104,000 in product revenue and $462,000 in public banking revenue for fiscal 2022.Net (Loss) IncomeThe Company reported a net loss of $9.5 million in fiscal 2023 or $1.14 per basic and diluted share, compared to net income of $2.8 million in fiscal 2022 or $0.33 per basic and diluted shares. As of the twelve months ended November 30, 2023, revenue increased 3%, costs of sales decreased 4% a
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News
- Cord Blood Banking Leader Cryo-Cell Reports Fiscal First Quarter 2024 Financial ResultsBusiness Wire
- 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
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