Navigation Links
Cryo-Cell International, Inc. Reports First Quarter 2009 Results
Date:4/9/2009

Company Reports Quarterly Net Income of $536,000

OLDSMAR, Fla., April 9 /PRNewswire-FirstCall/ -- Cryo-Cell International, Inc. (OTC Bulletin Board: CCEL) (the "Company"), one of the world's largest and most established family cord blood banks, today announced results for the first quarter ended February 28, 2009. Consolidated revenues for the first quarter of fiscal 2009 were approximately $3.9 million compared to approximately $4.2 million for the first quarter of fiscal 2008. The Company reported net income in the first quarter of fiscal 2009 of approximately $536,000, or $0.05 per basic common share, compared to a net loss of approximately ($247,000), or ($0.02) per basic common share, in the first fiscal quarter of fiscal 2008. The net income in the first quarter of fiscal 2009 is primarily the result of a 23% decrease in marketing, general and administrative expenses and a 23% decrease in cost of sales.

The Company recognized approximately $338,000 in licensee income for the first quarter of fiscal 2009, compared to approximately $183,000 for the same period in 2008. Of the licensee income for the first quarter of fiscal 2009, $100,000 was related to an installment of a non-refundable up-front license fee from the licensee of the Company's U-Cord program in Venezuela. The remaining approximately $238,000 is royalty income earned on subsequent processing and storage of specimens in geographical areas where the Company has license agreements, and from the sale of sub-license agreements by licensees. Licensee income for the same period in 2008 consisted of approximately $183,000 of royalty income earned on the subsequent processing and storage of specimens in geographical areas where the Company has license agreements, and from the sale of sub-license agreements by licensees.

As of February 28, 2009, the Company had approximately $5.7 million in available cash, c
'/>"/>

SOURCE Cryo-Cell International, Inc.
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4

Related biology technology :

1. Cryo-Cell Renews Upromise Industry-Exclusive Agreement
2. Cryo-Cell International, Inc. Reports Third Quarter 2008 Results
3. Cryo-Cell International and EndGenitor Technologies Announce Research Collaboration
4. Cryo-Cell International, Inc. Reports Second Quarter 2008 Results
5. Cryo-Cell International, Inc. Reports First Quarter 2008 Results
6. Cryo-Cell International, Inc. Reports Results for Fiscal 2007
7. Cryo-Cell Announces Research Collaboration Agreement with Saneron CCEL Therapeutics, Inc.
8. MINRAD International, Inc. Announces Reduction in Workforce
9. Medizone International, Inc. Announces Establishment of Canadian Foundation for Global Health
10. Sangui Biotech International, Inc., Reports Sales Decrease, Continued Losses
11. China Yingxia International, Inc. Announces $2 Million Share Repurchase Program

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/1/2009)... , NEW YORK, Dec. 1 Reportlinke...is available in its catalogue: ,, Chromium - ...ker.com/p0164494/Chromium---Global-Market-Trends.h...ily influenced by stainless steel, while growth in...lso important for growth of chromium metal. Enviro...
(Date:12/1/2009)... , NEW YORK, Dec. 1 Reportlinke...is available in its catalogue: ,, Emerging Cli...amics and the changing healthcare and regulatory e...65658/Emerging-Clinical-Trial-Locations---Eastern-...-and-regulatory-environment.html ,, Over the l...
(Date:12/1/2009)... , CAMBRIDGE, Mass., Dec. 1 To...dustry and to promote its potential, a group of in... the Synthetic Biology Industry Association (SynBI... of the association is to provide a forum for indi...w industry, address its opportunities and its chal...
(Date:12/1/2009)... SHANGHAI, Dec. 1 /PRNewswire-Asia/ -- Shangha...Pharma, a leading China-based Contract Research,Or...f the 2009 Deloitte,Technology Fast 50 China, rank...ch companies in China. The award is a testament to...th from 2006 to 2008. , The results of th...
Breaking Biology Technology:Reportlinker Adds Chromium - Global Market Trends 2Reportlinker Adds Chromium - Global Market Trends 3Reportlinker Adds Chromium - Global Market Trends 4Reportlinker Adds Chromium - Global Market Trends 5Reportlinker Adds Chromium - Global Market Trends 6Reportlinker Adds Chromium - Global Market Trends 7Reportlinker Adds Chromium - Global Market Trends 8Reportlinker Adds Chromium - Global Market Trends 9Reportlinker Adds Emerging Clinical Trial Locations - Eastern Europe: Market Dynamics and the Changing Healthcare and Regulatory Environment 2Reportlinker Adds Emerging Clinical Trial Locations - Eastern Europe: Market Dynamics and the Changing Healthcare and Regulatory Environment 3Reportlinker Adds Emerging Clinical Trial Locations - Eastern Europe: Market Dynamics and the Changing Healthcare and Regulatory Environment 4Reportlinker Adds Emerging Clinical Trial Locations - Eastern Europe: Market Dynamics and the Changing Healthcare and Regulatory Environment 5Reportlinker Adds Emerging Clinical Trial Locations - Eastern Europe: Market Dynamics and the Changing Healthcare and Regulatory Environment 6Reportlinker Adds Emerging Clinical Trial Locations - Eastern Europe: Market Dynamics and the Changing Healthcare and Regulatory Environment 7Reportlinker Adds Emerging Clinical Trial Locations - Eastern Europe: Market Dynamics and the Changing Healthcare and Regulatory Environment 8Industry Forms Association to Address Opportunities and Challenges of Synthetic Biology 2Shanghai ChemPartner Ranks 3rd among 2009 Deloitte Technology Fast 50 China Winning Companies 2Shanghai ChemPartner Ranks 3rd among 2009 Deloitte Technology Fast 50 China Winning Companies 3
...PAIGN, Ill. A team of researchers at the Universi...lassical Newtonian mechanics, an entire collection...rconducting wire is able to "tunnel" as a pack fro...with a notably lower current, providing more evide...ling. , Physics professors Alexey Bezryadin and P...
...OSS, Ga., May 27 Immucor, Inc. (Nasdaq: BLUD ),...-reagent systems to the blood transfusion industry...greement with Alverno Clinical Laboratories, LLC, ...tegrated delivery systems in the nation, serving 2...he agreement, Alverno is standardizing pre-transfu...
...EW YORK, May 27 /PRNewswire-Asia-FirstCall/ -- Bio...ny") (OTC Bulletin Board: BSPM) today reported,fin..., 2009. , The Company reported revenue of $7,4...ared to $6,810,259 during the first quarter of 200...9,032, or $0.08 per share on a fully,diluted basis...
Other Biology Technology:Evidence of macroscopic quantum tunneling detected in nanowires 2Immucor and Alverno Clinical Laboratories Sign Five-Year Automation Agreement 2Biostar Pharmaceuticals, Inc. Reports Continued Revenues and Earnings Growth in First Quarter of 2009 2Biostar Pharmaceuticals, Inc. Reports Continued Revenues and Earnings Growth in First Quarter of 2009 3Biostar Pharmaceuticals, Inc. Reports Continued Revenues and Earnings Growth in First Quarter of 2009 4Biostar Pharmaceuticals, Inc. Reports Continued Revenues and Earnings Growth in First Quarter of 2009 5Biostar Pharmaceuticals, Inc. Reports Continued Revenues and Earnings Growth in First Quarter of 2009 6
(Date:12/1/2009)...apsed video of individual breast tissue cells reve...l: a protein that cycles between two major compart...more complete view of the internal signals that ca...ry in cancer and are targets of drug development. ... growth factors, travels back and forth between th...
(Date:11/30/2009)...w of the state of Antarctica,s climate and its rel...d this week (Tuesday 1 December) by the Scientific...ew - Antarctic Climate Change and the Environment ...nt, identifies areas for future scientific researc...makers have about Antarctic melting, sea-level ris...
(Date:11/30/2009)... German . , The DFG has approved the establ...s of 1 January 2010. This decision was made recent...ew centres will initially be funded for four years...ent overhead funding for indirect costs will also ...h topics range from modern prostheses to political...
Breaking Biology News(10 mins):ERK's got rhythm: Protein that controls cell growth found to cycle in and out of cell nucleus 2ERK's got rhythm: Protein that controls cell growth found to cycle in and out of cell nucleus 3ERK's got rhythm: Protein that controls cell growth found to cycle in and out of cell nucleus 4First comprehensive review of the state of Antarctica's climate 2DFG approves funding for 17 new collaborative research centers 2DFG approves funding for 17 new collaborative research centers 3DFG approves funding for 17 new collaborative research centers 4DFG approves funding for 17 new collaborative research centers 5DFG approves funding for 17 new collaborative research centers 6DFG approves funding for 17 new collaborative research centers 7DFG approves funding for 17 new collaborative research centers 8DFG approves funding for 17 new collaborative research centers 9Strangers Cell Phone Ring May Thwart Your Thinking 47902 1Strangers Cell Phone Ring May Thwart Your Thinking 47902 2Strangers Cell Phone Ring May Thwart Your Thinking 47902 3Medivation to Present at 8th Annual Needham Life Sciences Conference 47901 1Medivation to Present at 8th Annual Needham Life Sciences Conference 47901 2Health Care Finance to Implement Districts First Medicaid Patient Data Hub Using MedPlus Technology 47898 1Health Care Finance to Implement Districts First Medicaid Patient Data Hub Using MedPlus Technology 47898 2Health Care Finance to Implement Districts First Medicaid Patient Data Hub Using MedPlus Technology 47898 3Health Care Finance to Implement Districts First Medicaid Patient Data Hub Using MedPlus Technology 47898 4
...medication appears to halt the production of an en..., a new study using tissue cultures suggests. , Th...ents on breast cancer cells, scientists found that...of aromatase, the enzyme implicated in estrogen-de...is the most common kind of breast cancer in postme...
...ime, ecologists have been able to show that molecu... a population in its natural habitat. Research Pro...r Ilik Saccheri, University of Liverpool, UK, disc... fritillary butterfly (Melitaea cinxia) is affecte... isomerase (Pgi) enzyme. The result challenges pre...
... sequenced and compared the genomes of planktonic ... Pacific Ocean. The pioneering study yielded insig...s at each depth--ranging from 40 to more than 13,0...he genomes of entire microbial communities, we can...em," said MIT,s Ed DeLong, who led the research te...
Other Biology News:Pain killer fights breast cancer by targeting key enzyme 2Pain killer fights breast cancer by targeting key enzyme 3New discovery: Molecular variation in one gene affects the growth of natural populations 2Wyoming cloud seeding experiment begins this month 2Wyoming cloud seeding experiment begins this month 3
Anti-Human Apolipoprotein B100 Affinity Purified Polyclonal Antibody, Unconjugated from R&D Systems
Anti-Mouse Ameloblastin Affinity Purified Polyclonal Antibody, Biotin Conjugated from R&D Systems
Goat Anti-Human SOST Polyclonal Antibody, Unconjugated from R&D Systems
Rabbit Anti-Human CDC23 Polyclonal Antibody, Unconjugated from Proteintech Group, Inc.
Biology Products: