Cyanotech Corporation reports 19% increase in second quarter sales
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Cyanotech Corporation reported a 19.3% increase in net sales for Q2 fiscal 2026, reaching $7.0 million, up from $5.8 million in Q2 fiscal 2025. Gross profit rose to $2.4 million with a margin of 34.3%, compared to $1.5 million and 25.3% last year. The company reversed an operating loss to report $0.2 million in operating income, and net income improved to $1,000 from a loss of $1.2 million. Growth was attributed to higher bulk sales and strong online performance, alongside increased production and price adjustments for Nutrex products.
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