Cyanotech Reports Financial Results for Fourth Quarter and Fiscal Year 2017
Cyanotech Corporation (CYAN)
US:NASDAQ Investor Relations:
ruscom.com/cyan/investors/investors.html
Company Research
Source: Business Wire
KAILUA KONA, Hawaii--(BUSINESS WIRE)-- Cyanotech Corporation (Nasdaq Capital Market: CYAN), a world leader in microalgae-based, high-value nutrition and health products, announced financial results for the fourth quarter and fiscal year 2017, ended March 31, 2017. Fiscal Year 2017 For fiscal 2017 compared to fiscal 2016, net sales were $32,042,000 compared to $31,840,000, an increase of 0.6%. Gross profit was $12,224,000, with gross profit margin of 38.1%, compared to gross profit of $11,866,000 and gross profit margin of 37.3%. Operating loss was ($682,000) compared to operating loss of ($785,000). Net loss was ($1,215,000) or ($0.21) per diluted share, compared to net loss of ($4,395,000) or ($0.79) per diluted share. The net loss for the year includes a non-cash provision for income taxes of $5,000 compared to a non-cash income tax provision of $3,328,000 in fiscal 2016 resulting from the
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- Global Astaxanthin Market Size is projected to reach USD 7,536.19 million by 2031, growing at a CAGR of 16.78%: Straits Research [Yahoo! Finance]Yahoo! Finance
- Algae's Versatility in Addressing Various Health Concerns, from Immunity to Brain Health, Contributes to Algae-Based Supplement Market Development | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Cyanotech Corporation (NASDAQ:CYAN) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CYAN
Sec Filings
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- CYAN's page on the SEC website