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CryoLife: 1Q Earnings Snapshot

KENNESAW, Ga. (AP) _ CryoLife Inc. (CRY) on Tuesday reported a loss of $297,000 in its first quarter.

On a per-share basis, the Kennesaw, Georgia-based company said it had a loss of 1 cent. Earnings, adjusted for one-time gains and costs, were 4 cents per share.

The biological medical device maker posted revenue of $67.5 million in the period.

CryoLife expects full-year earnings in the range of 28 cents to 32 cents per share, with revenue in the range of $280 million to $284 million.

CryoLife shares have increased 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $30.66, a climb of 37% in the last 12 months.


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