Cba Florida, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 04:32 pm
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CBA Florida, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced operating loss was USD 148,623 compared to USD 762,693 a year ago. Net loss was USD 42,208 compared to net income of USD 13.788 million a year ago. For the half year, operating loss was USD 252,054 compared to USD 1.191 million a year ago. Net loss was USD 84,659 compared to net income of USD 13.824 million a year ago.
CBA Florida, Inc., formerly Cord Blood America, Inc., through its CorCell program and its subsidiary CorCell Companies, Inc., provides cord blood and cord tissue stem cell services. The Company's subsidiaries include Cord Partners, Inc., CorCell Companies, Inc., CorCell, Ltd., (Cord Partners, Inc., CorCell Companies, Inc. and CorCell, Ltd. are referred to collectively as Cord), CBA Properties, Inc. (Properties), and Career Channel, Inc. The Company and its subsidiaries provides private cord blood and cord tissue stem cell storage services to families throughout the United States and Puerto Rico, and Properties was formed to hold corporate trademarks and other intellectual property. Cord's operations provide umbilical cord blood banking and cord tissue services to expectant parents. Cord provides various services, which includes collection materials, physician and customer support, transportation, testing and cord blood storage.
CBA FLORIDA, INC.