Volume down, profits up at Cyanotech

Cyanotech Corporation has announced financial results for the second quarter of fiscal year 2018, ended September 30, 2017. For the second quarter of fiscal 2018 compared to the second quarter of fiscal 2017, net sales were $8,055,000 compared to $9,862,000 for the Hawaii-based grower and manufacturer…

Cyanotech net sales up 20% for Q-1 FY2018

Cyanotech Corporation has announced financial results for the first quarter of fiscal year 2018, ended June 30, 2017. Compared to the first quarter of fiscal 2017, net sales were $8,809,000 compared to $7,322,000, an increase of 20.3%. Gross profit was $3,603,000, with gross profit margin of 40.9%, compared to gross profit…

Cyanotech Names Mawae Morton President

In Hawaii, Cyanotech Corporation’s Board of Directors has named Mawae Morton as President, effective immediately. Mr. Morton will report directly to the Company’s Chief Executive Officer, Dr. Gerald Cysewski. Cyanotech’s Chairman, Michael Davis said, “We are pleased that Mawae has chosen… [Read the full story]

Cyanotech earns Halal certification for astaxanthin

Kailua-Kone, Hawaii-based Cyanotech® Corporation, has announced that its bulk raw material, BioAstin® SCE 5 and vegan BioAstin soft gels, have received halal certification from the Islamic Food and Nutrition Council of America (IFANCA). BioAstin® Hawaiian Astaxanthin® is marketed as a natural…

Cyanotech reports 2017 financial results

Kailua Kona-based Cyanotech Corporation has announced financial results for the fourth quarter and fiscal year 2017, ended March 31, 2017. For fiscal 2017 compared to fiscal 2016, net sales were $32,042,000 compared to $31,840,000, an increase of 0.6%. Gross profit was $12,224,000, with gross profit margin…

All About Astaxanthin

Here’s the first in a series of videos about everything astaxanthin, where interviewer Roslun Nuttley Moore visits Cyanotech, the worlds largest grower of microalgae, and talks with founder, Chief Science Officer, and Interim President/CEO Dr. Gerry Cysewski about how they grow and manufacturer Hawaiian Natural Astaxanthin…

Cyanotech Reports FY2016

Microalgae-based, high-value nutrition and health products maker Cyanotech Corporation announced financial results for the fourth quarter ended March 31, 2016 and fiscal year 2016. “Our market shares in the natural products channel remain excellent; for the 52 week period ending May 15, 2016, BioAstin…