Cyanotech Reports Financial Results for the Second Quarter of Fiscal Year 2018
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 second quarter and first six months of fiscal year 2018, ended September 30, 2017. Second Quarter 2018 For the second quarter of fiscal 2018 compared to the second quarter of fiscal 2017, net sales were $8,055,000 compared to $9,862,000. Gross profit was $3,620,000, with gross profit margin of 44.9%, compared to gross profit of $3,885,000 and gross profit margin of 39.4%. Operating income was $619,000 compared to $247,000. Net income was $475,000 or $0.08 per diluted share, compared to $99,000 or $0.02 per diluted share. “While net sales were lower compared to the second quarter of fiscal 2017, gross profit margin increased 5.5 percentage points due to our continuing focus on the market
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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