ChromaDex: Q3 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — ChromaDex Inc. (CDXC) on Wednesday reported a loss of $959,000 in its third quarter.
On a per-share basis, the Los Angeles-based company said it had a loss of 1 cent.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The natural products company posted revenue of $19.5 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $20.6 million.
In the final minutes of trading on Wednesday, the company's shares hit $1.60. A year ago, they were trading at $1.82.
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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
