Huwebes, Pebrero 12, 2015

Hawaii's Cyanotech reports higher quarterly profit

Hawaii-based Cyanotech Corp. reported a profit of $304,000, or 5 cents per diluted share, for the company's third fiscal quarter that ended Dec. 31, compared to a profit of $36,000, or 1 cent per diluted share, for the same fiscal quarter the year before. The Kailua-Kona-based nutraceutical company said sales for the quarter increased to $8.8 million from $7.4 million in the same quarter in 2013. "This is our second consecutive quarterly record," Brent Bailey, president and CEO of Cyanotech (Nasdaq:…

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