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Stock impact report

ChromaDex Corp (CDXC) Reports Encouraging Fiscal Year 2023 Results with Positive Adjusted EBITDA [Yahoo! Finance]

ChromaDex Corporation (CDXC) 
NASDAQ:AMEX Investor Relations: investors.chromadex.com
Company Research Source: Yahoo! Finance
Gross Margin : Gross margin improved by 140 basis points to 60.8%, reflecting a shift in customer mix and economies of scale. Net Income/Loss : Achieved a net income of $0.1 million in Q4 and reduced the full-year net loss to $4.9 million, a significant improvement from the previous year. Adjusted EBITDA : Positive Adjusted EBITDA of $1.9 million for the full year, marking an $11.9 million improvement year-over-year. Operating Cash Flows : Maintained positive operating cash flows for the fourth consecutive quarter, ending the year with $27.3 million in cash and no debt. Product Expansion : Launched clinical strength Tru Niagen Pro and entered the pet supplement market through a partnership with Zesty Paws. Research Milestones : Celebrated the 10th anniversary of ChromaDex External Research Program (CERP) with over 275 global research agreements. Warning! GuruFocus has detected 3 Warning Sign with CDXC. On March 6, 2024, ChromaDex Corp ( NASDAQ:CDXC ) released its 8-K fi Show less Read more
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