NasdaqCM:CYRXLife Sciences
Cryoport (CYRX) Stock Faces A Bigger Question Than Its EBITDA Milestone
Cryoport stock quietly entered this earnings day with a flat week and a slightly soft month, yet it closed up 2.8% at US$15.12 once the numbers were released. That move came against a mixed backdrop for a company still priced at a premium P/S multiple and not yet profitable.
The main headline is straightforward. Cryoport reported Q2 revenue of US$49.0m and, importantly for a loss-making life sciences logistics business, delivered positive adjusted earnings before interest, tax, depreciation...