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CryoLife: 3Q Earnings Snapshot

·1 min read

KENNESAW, Ga. (AP) _ CryoLife Inc. (CRY) on Wednesday reported a third-quarter loss of $2.9 million, after reporting a profit in the same period a year earlier.

The Kennesaw, Georgia-based company said it had a loss of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 13 cents per share.

The biological medical device maker posted revenue of $65.1 million in the period.

CryoLife shares have dropped 32% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.30, a drop of 22% 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