Cyanotech Second Quarter 2024 Earnings: US$0.13 loss per share (vs US$0.15 loss in 2Q 2023)

Simply Wall St

November 11, 2023

Cyanotech (NASDAQ:CYAN) Second Quarter 2024 Results

Key Financial Results

Revenue: US$6.37m (up 23% from 2Q 2023).
Net loss: US$797.0k (loss narrowed by 15% from 2Q 2023).
US$0.13 loss per share (improved from US$0.15 loss in 2Q 2023).

earnings-and-revenue-history — NasdaqCM:CYAN Earnings and Revenue History November 11th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cyanotech shares are up 8.6% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Cyanotech (1 doesn't sit too well with us!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.