Charles & Colvard Ltd (CTHR) Reports Q1 Loss of $0.06

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Go back to Charles & Colvard Ltd (CTHR) Reports Q1 Loss of $0.06

Charles & Colvard Reports First Quarter 2016 Financial Results

April 28, 2016 4:01 PM EDT

Financial Results Include Reduced Inventory, Increased Cash Position and Increased Revenue

Conference Call to Be Held Today at 4:30 PM EDT

MORRISVILLE, N.C.--(BUSINESS WIRE)-- Charles & Colvard, Ltd. (NASDAQ: CTHR), the original and leading worldwide source of created moissanite jewels, reports financial results for the first quarter ended March 31, 2016. Continuing operations for the quarter and prior year do not include the results of Charles & Colvard Direct, LLC (dba Lulu Avenue®), which are now being reported as a discontinued operation following the sale of certain assets... More