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Cyanotech Corporation

CYAN•NASDAQ
Consumer Defensive
Packaged Foods
$0.29
$-0.01(-3.33%)
empty-state-iconFinancials data is not available for this stockFinancials details for this stock are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Over the last four quarters, Cyanotech Corporation achieved steady financial progress, growing revenue from $5.97M in Q4 2023 to $6.17M in Q3 2024. Gross profit stayed firm with margins at 35% in Q3 2024 versus 11% in Q4 2023. Operating income totaled -$50000.00 in Q3 2024, maintaining a -1% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $450000.00. Net income rose to -$224000.00, with EPS at -$0.03. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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