Cyanotech Reports Financial Results for the Second Quarter and First Six Months of Fiscal 2022
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 2022, ended September 30, 2021.
- 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 2022, ended September 30, 2021.
- Cyanotech reported net sales of $9,419,000 for the second quarter of fiscal 2022 compared to $8,571,000 for the second quarter of fiscal 2021, an increase of 10%.
- Operating income for the second quarter of fiscal 2022 was $1,082,000 compared to $282,000 in the same period of the prior year.
- Cyanotech reported net sales of $18,383,000 for the first six months of fiscal 2022 compared to $15,923,000 for the same period in fiscal 2021, an increase of 15%.