Cyanotech Corp. reports net income of $501,000 for Q1 2018

Cyanotech Corp., a Hawaii-based nutrition and health products company, reported net income of $501,000, or 9 cents per diluted share, for the quarter ending June 30, compared to a net loss of $691,000, or 12 cents per diluted share, from 2016 ’s comparable period. The Kailua-Kona company reported net sales of $8.8 million for the first quarter of fiscal year 2018, an increase of 20.3 percent compared to the first quarter of fiscal 2017, where net sales were $7.3 million. The company reported gross…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news