Cryo-Cell International Posts $6.3 Million Loss

Cryo-Cell International Inc. reported a net loss of $6.3 million, or 56 cents a share, for the fiscal year ended Nov. 30, compared to a net loss of $2.1 million, or 18 cents a share, for the prior fiscal year. Revenue for the just-ended year was $18 million, up slightly from $17.9 million in the prior year. The results mask the improvements the company made during the year, said David Portnoy, chairman and co-CEO, in a statement.