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CryoLife: 4Q Earnings Snapshot

KENNESAW, Ga. (AP) _ CryoLife Inc. (CRY) on Wednesday reported a loss of $1.7 million in its fourth quarter.

On a per-share basis, the Kennesaw, Georgia-based company said it had a loss of 5 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 5 cents per share.

The biological medical device maker posted revenue of $67.8 million in the period.

For the year, the company reported a loss of $3.8 million, or 10 cents per share, swinging to a loss in the period. Revenue was reported as $262.8 million.

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 risen slightly more than 6 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $30.20, a climb of 77 percent 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