CryoLife: 2Q Earnings Snapshot
Posted Jul 30, 2020 06:24:03 PM.
Last Updated Jul 30, 2020 06:32:29 PM.
This article is more than 5 years old.
KENNESAW, Ga. (AP) _ CryoLife Inc. (CRY) on Thursday reported a second-quarter loss of $3.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Kennesaw, Georgia-based company said it had a loss of 10 cents. Losses, adjusted for one-time gains and costs, were 2 cents per share.
The biological medical device maker posted revenue of $53.8 million in the period.
CryoLife shares have dropped 30% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.90, a decline of 38% in the last 12 months.
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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
The Associated Press
