Charles & Colvard Ltd (CTHR) Reports In-Line Q3 EPS

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CHARLES & COLVARD REPORTS THIRD QUARTER FISCAL YEAR 2022 FINANCIAL RESULTS AND ANNOUNCES $5 MILLION STOCK REPURCHASE PROGRAM

May 5, 2022 7:37 AM EDT

Delivered $9.8 Million in Net SalesIncreased Total Cash to $21.9 MillionAnnounced $5 Million Stock Buyback ProgramGenerated $1.1 Million in Cash Flow From Operations Achieved Highest Three Consecutive Quarters by Revenue To Date at $33.8 Million22% Increase in charlesandcolvard.com Revenue Versus the Year-Ago Quarter141% Increase in Lab Grown Diamond Sales Along with a Steady 10% Increase in Moissanite Sales Versus the Year-Ago Quarter Conference Call with Accompanying Slide Presentation Scheduled Today at 8:00 AM... More