Cyanotech Corp (CYAN) Reports Q2 Loss of $0.15

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Go back to Cyanotech Corp (CYAN) Reports Q2 Loss of $0.15

Cyanotech Reports Financial Results for the Second Quarter and First Six Months of Fiscal 2023

November 9, 2022 8:00 AM EST

KAILUA KONA, Hawaii--(BUSINESS WIRE)-- Cyanotech Corporation (Nasdaq Capital Market: CYAN), a world leader in microalgae-based, high-value nutrition and health dietary supplement products, announced financial results for the second quarter and first six months of fiscal year 2023, ended September 30, 2022.

Commenting on the second quarter fiscal 2023 results, Cyanotechs President and Chief Executive Officer, Matthew K. Custer, said:

The financial results for the quarter, compared to the same period last year, had net sales decrease driven by a confluence of events, including the increased U.S. dollar exchange rate affecting international... More