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Cyanotech reports FQ4 and FY15 results

  • Cyanotech (NASDAQ:CYAN -7.1%) FQ4 results: Revenues: $8.5M (+21.4%); Gross Profit: $2.7M (+8.0%); Operating Loss: ($53K) (+93.4%); Net Loss: ($0.2M) (+60.0%); Loss Per Share: ($0.03) (+66.7%).
  • FY2015 results: Revenues: $33.8M (+19.9%); Gross Profit: $14.5M (+29.5%); R&D Expense: $0.5M (+10.6%); SG&A: $13.5M (+23.9%); Operating Income: $0.3M (+250.0%); Net Loss: ($24K) (+94.3%); Loss Per Share: $0.00; Quick Assets: $2.2M (-48.8%).
  • No guidance given.

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