Cyanotech Corporation reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 6.37 million compared to USD 5.18 million a year ago. Net loss was USD 0.797 million compared to USD 0.94 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.15 a year ago.
For the six months, sales was USD 11.52 million compared to USD 11.9 million a year ago. Net loss was USD 2.17 million compared to USD 1.41 million a year ago. Basic loss per share from continuing operations was USD 0.34 compared to USD 0.23 a year ago. Diluted loss per share from continuing operations was USD 0.34 compared to USD 0.23 a year ago.