Charles & Colvard GAAP EPS of $0.00 beats by $0.01, revenue of $9.3M beats by $1.4M

Sep. 01, 2022 4:12 PM ETCharles & Colvard, Ltd. (CTHR)By: Pranav Ghumatkar, SA News Editor1 Comment
  • Charles & Colvard press release (NASDAQ:CTHR): FQ4 GAAP EPS of $0.00 beats by $0.01.
  • Revenue of $9.3M (-4.4% Y/Y) beats by $1.4M.
  • Delivered All-Time High for the Company of $43.1 Million in Net Sales for Fiscal 2022
  • Experienced 173% Increase in Lab Grown Diamond Sales and 13% Increase in Moissanite Sales Versus Fiscal 2021
  • Achieved 50% Increase in Lab Grown Diamond Sales Versus the Year-Ago Quarter
  • Total Cash Remained Strong at $21.2 Million
  • Produced Strong Gross Margin of 47% for Fiscal 2022

Recommended For You

Comments (1)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.