Financial HealthRecent sale of CryoPDP to DHL effectively removes a major cash runway overhang on shares, with the company now well capitalized with $426M of cash.
Market PositionCYRX is well positioned to beat this year as well as deliver next year on continued C> services strength, where CYRX holds a dominant market-leading position with 70% market share.
Revenue PerformanceRevenue of $44.2M was well ahead of consensus estimates, driven by both Life Sciences Services and Life Sciences Products, signaling strong demand recovery.