Cryo-Cell hits second profitable quarter


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  • | 4:38 p.m. October 16, 2013
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OLDSMAR — Cryo-Cell International Inc. reported its second quarterly profit this year. For the third quarter ended Aug. 31, the umbilical cord-blood bank reported a net income $194,000 (2 cents per common share) up from the $547,000 loss (5 cents per share) for the same three-month period in 2012. This came on heels of a net loss for the quarter ending May 31 of $243,658 and a profit of about $244,000 in the quarter ending Feb. 28.

 

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