Last $6.59 USD
Change Today +0.53 / 8.66%
Volume 31.0K
CYAN On Other Exchanges
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

cyanotech corp (CYAN) Snapshot

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11/18/14 - $7.95
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cyanotech corp (CYAN) Details

Cyanotech Corporation is engaged in the cultivation, production, and sale of natural products derived from microalgae worldwide. The company’s products include Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement that is used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids; and Hawaiian BioAstin natural astaxanthin, a dietary antioxidant, which is used as a human nutraceutical and functional food ingredient to support and maintain the body’s natural inflammatory response, enhance skin, and support eye and joint health. Cyanotech Corporation sells its products in bulk quantities to manufacturers, formulators, and distributors in the health foods and nutritional supplements markets; and as packaged consumer products to distributors, retailers, and direct consumers. The company sells its products online and through resellers. Cyanotech Corporation was founded in 1983 and is headquartered in Kailua-Kona, Hawaii.

94 Employees
Last Reported Date: 06/27/14
Founded in 1983

cyanotech corp (CYAN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $320.0K
Co-Founder, Chief Scientific Officer, Executi...
Total Annual Compensation: $170.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $206.6K
Compensation as of Fiscal Year 2014.

cyanotech corp (CYAN) Key Developments

Cyanotech Corp. Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended September 30, 2014

Cyanotech Corp. announced unaudited consolidated earnings results for second quarter and six months ended September 30, 2014. For the quarter, the company reported net sales of $8,684,000 against $7,299,000 a year ago. Income from operations was $536,000 against $360,000 a year ago. Income before income tax was $513,000 against $335,000 a year ago. Net income was $188,000 or $0.03 per share basic and diluted against $106,000 or $0.02 per share basic and diluted a year ago. For the nine months, the company reported net sales of $16,126,000 against $14,208,000 a year ago. Loss from operations was $603,000 against income from operations of $533,000 a year ago. Loss before income tax was $651,000 against income before income tax of $471,000 a year ago. Net Loss was $225,000 or $0.04 per share basic and diluted against net income of $136,000 or $0.02 per share basic and diluted a year ago.

Cyanotech Corp. Appoints Walter B. Menzel as Director

Cyanotech Corp. announced at the AGM held on August 28, 2014, the shareholders appointed Walter B. Menzel as director.

Cyanotech Corporation Appoints Gerry Watts as Chief Operations Officer

Cyanotech Corporation has named Gerard "Gerry" Watts to fill a newly-created position as Chief Operations Officer, effective August 18, 2014. Mr. Watts comes to the company with more than 30 years' experience as a senior operations executive in the Food and Agribusiness industry. Most recently he served as Principal Consultant, International Agribusiness for ProducePro Consultancy, where he advised and guided domestic and international firms with regard to fundamental and strategic issues associated with the global produce business.


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Price/Book 1.7x
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