CryoLife: 1Q Earnings Snapshot

KENNESAW, Ga. (AP) _ CryoLife Inc. (CRY) on Thursday reported a loss of $6.7 million in its first quarter.

On a per-share basis, the Kennesaw, Georgia-based company said it had a loss of 18 cents. Losses, adjusted for one-time gains and costs, came to 8 cents per share.

The biological medical device maker posted revenue of $66.4 million in the period.

CryoLife shares have fallen 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $22.43, a drop of 26% in the last 12 months.


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