Cryolife Inc. Profit Rises 126% In Q4

(RTTNews) - Cryolife Inc. (CRY) announced earnings for its fourth quarter that rose compared to the same period last year.

The company said its bottom line advanced to $3.94 million, or $0.13 per share. This was higher than $1.74 million, or $0.06 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.2% to $39.84 million. This was up from $37.15 million last year.

Cryolife Inc. earnings at a glance:

-Earnings (Q4): $3.94 Mln. vs. $1.74 Mln. last year. -Earnings Growth (Y-o-Y): 126.4% -EPS (Q4): $0.13 vs. $0.06 last year. -EPS Growth (Y-o-Y): 116.7% -Analysts Estimate: $0.05 -Revenue (Q4): $39.84 Mln vs. $37.15 Mln last year. -Revenue Change (Y-o-Y): 7.2%