Cyanotech Q2 EPS $(0.13) Up From $(0.15) YoY, Sales $6.37M Up From $5.18M YoY
Portfolio Pulse from Benzinga Newsdesk
Cyanotech (NASDAQ:CYAN) reported Q2 losses of $(0.13) per share, a 13.33% increase YoY. The company also reported $6.37 million in sales, a 23.05% increase YoY.
November 08, 2023 | 1:04 pm
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POSITIVE IMPACT
Cyanotech reported improved Q2 results with reduced losses and increased sales YoY. This could potentially have a positive impact on the stock.
Cyanotech's Q2 results show a reduction in losses and an increase in sales compared to the same period last year. This indicates an improvement in the company's financial performance, which could potentially have a positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100