ChromaDex (CDXC) Reports In-Line Q3 EPS
ChromaDex (NASDAQ: CDXC) reported Q3 EPS of ($0.12), in-line with the analyst estimate of ($0.12). Revenue for the quarter came in at $12.1 million versus the consensus estimate of $11.59 million.
For the third quarter of 2019, the net cash used in operating activities was $7.8 million versus $5.2 million for the same period in the prior year. The Company ended the third quarter of 2019 with cash of $18.9 million.
We had another strong quarter with total net sales of $12.1 million, up 9% sequentially and 48% year-over-year,” said ChromaDex CEO Rob Fried. “In addition, we improved the gross margin and expanded our global footprint.”
For earnings history and earnings-related data on ChromaDex (CDXC) click here.
