Skip to Content

ChromaDex: Q4 Earnings Snapshot

TED / YouTube

LOS ANGELES (AP) — LOS ANGELES (AP) — ChromaDex Inc. (CDXC) on Wednesday reported a loss of $1.4 million in its fourth quarter.

The Los Angeles-based company said it had a loss of 2 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The natural products company posted revenue of $21 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $21.1 million.

In the final minutes of trading on Wednesday, the company’s shares hit $1.83. A year ago, they were trading at $2.60.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDXC at https://www.zacks.com/ap/CDXC

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

News Channel 3 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.