Cryo-Cell International Reports Net Income of $221,000 for Q2 2023
Q2 2023 Revenue Reaches $7.77 Million for Cryo-Cell International
By USInMinutes
Published - Jul 17, 2023, 04:44 AM ET
Last Updated - Jul 18, 2023, 03:03 PM EDT
Cryo-Cell International,(CCEL) Inc. and its subsidiaries, a leading stem cell preservation company, released its unaudited financial statements for the second quarter of 2023. The report showcases the company's financial performance, highlighting net income and revenue figures for the quarter ended May 31, 2023.
Net Income for Q2 2023:
During the second quarter of 2023, Cryo-Cell International reported a net income of $221,000. This positive financial result indicates the company's ability to generate profits despite various economic challenges and operational expenses.