Charles & Colvard Ltd (CTHR) Releases Earnings Results
Charles & Colvard Ltd (NASDAQ:CTHR) released its quarterly earnings results on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The firm had revenue of $6.21 million during the quarter. Charles & Colvard had a negative return on equity of 6.42% and a negative net margin of 9.01%.
Charles & Colvard (NASDAQ CTHR) traded up $0.08 during mid-day trading on Friday, hitting $0.94. The stock had a trading volume of 762,394 shares, compared to its average volume of 24,400.
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About Charles & Colvard
Charles & Colvard, Ltd. manufactures and distributes Charles & Colvard Created Moissanite jewels (moissanite) and finished jewelry featuring moissanite. The Company’s segments are Wholesale, Moissanite.com and Charles & Colvard Direct. The Company sells loose moissanite jewels and finished jewelry at wholesale to distributors, manufacturers and retailers, and at retail to end consumers through its operating subsidiaries.
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