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…

Cyanotech reports upturn in spirulina sales

Hawaii-based Cyanotech Corporation has announced financial results for the second quarter and first six months of fiscal year 2017, ended September 30, 2016. For the second quarter of fiscal year 2017 compared to the second quarter of fiscal year 2016, net sales were a record $9,862,000 compared to $8,516,000…

Non-GMO Project Verification for bulk BioAstin

Kailua-Kona, Hawaii-based Cyanotech Corporation has announced that its bulk raw material BioAstin® SCE products have received Non-GMO Project Verification. “We are very excited about this verification as it leads to receiving Non-GMO Project Verification for our finished goods,” said Dr. Gerald Cysewski, Interim…

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 posts financial results

Hawaii-based Cyanotech Corporation, producer of microalgae-based nutrition and health products, has announced financial results for the first quarter of fiscal year 2017, ended June 30, 2016. For the first quarter of fiscal year 2017, compared to the first quarter of fiscal year 2016, net sales were $7,322,000…

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…

Brent Bailey out at Cyanotech, Gerald Cysewski returns

Hawaii-based Cyanotech Corporation, a leader in spirulina and astaxanthin products for the nutrition and health markets, has announced that its founder, Gerald R. Cysewski, Ph.D., has returned as interim President and Chief Executive Officer. Effective March 31, 2016, Dr. Cysewski replaced… [Read the full story]

Cyanotech sales down during strategic refocus

Kailua Kona-based Cyanotech Corporation announced financial results for the third quarter and first nine months of fiscal year 2016, ended December 31, 2015. For the third quarter of fiscal 2016 compared to the third quarter of fiscal 2015, net sales were $7,534,000 compared to $9,691,000, a decrease of 22%…

Cyanotech reports latest financial results

Kailua Kona, Hawaii-based Cyanotech Corporation, a leader in the production of astaxanthin and spirulina-based products, has announced financial results for the second quarter and first six months of fiscal year 2016, ended September 30, 2015. For the second quarter of fiscal 2016 compared to the second…

Cyanotech net sales up 20% for FY 2015

Kona, Hawaii-based Cyanotech Corporation, a leader in microalgae-based, high-value nutrition and health products, has announced that, for fiscal year 2015 compared to fiscal 2014, net sales were $33,809,000 compared to $28,178,000, an increase of 20%. Gross profit was $14,466,000…

Astaxanthin powers Cyanotech’s 3Q up 19%

Kailua Kona, Hawaii-based Cyanotech has announced financial results for the third quarter and first nine months of fiscal year 2015, ended December 31, 2014. For the third quarter of fiscal 2015 compared to the third quarter of fiscal 2014, net sales were $8,842,000 compared to $7,438,000, an increase of 19%…

Cyanotech reports financial results

Kona, Hawaii-based microalgae nutrition company Cyanotech has announced financial results for the second quarter and first six months of fiscal year 2015, ended September 30, 2014. For the second quarter of fiscal 2015 compared to the second quarter of fiscal 2014, net sales were $8,684,000 compared to $7,299,000…

Cyanotech investing big in solar

Kona, Hawaii’s Cyanotech Corporation, a global producer of microalgae nutritional supplements, has announced the installation of its new solar array by Neighborhood Power Company (NPC). The 2,280 panel array sits on 1.3 acres of Cyanotech’s 90-acre microalgae farm, and will produce 1,147,000 kilowatt…

Cyanotech names Gerry Watts as COO

Kona, Hawaii-based Cyanotech has named Gerard “Gerry” Watts to fill a newly-created position as Chief Operations Officer. Mr. Watts comes to the Company with more than 30 years of experience as…

Cyanotech improving Astaxanthin production

Algae manufacturer Cyanotech Corporation has announced implementing three major initiatives to improve Astaxanthin production at their Kailua Kona, Hawaii-based cultivation facility. The first is a strain…

Cyanotech reports growth of 47% for consumer algal products in 2Q

Kailua Kona, Hawaii-based Cyanotech Corporation, a leader in high-value nutrition and health products from microalgae, has announced financial results for the second quarter and first six months of fiscal year…

Cyanotech sales up 12% in Fiscal Year 2013

Microalgae-based, high-value nutrition and health products manufacturer, Cyanotech Corporation, has announced financial results for fiscal year 2013, ended March 31, 2013…

Cyanotech Reports Q3 revenue growth of 8%

Algae derived nutrition and health products manufacturer Cyanotech Corporation, based in Kailua Kona, Hawaii, has announced financial results for the third quarter and first nine months of fiscal year 2013…

Cyanotech Reports Financial Results

Cyanotech Corporation, a world leader in microalgae-based, high-value nutrition and health products, including BioAstin® Natural Astaxanthin and Hawaiian Spirulina Pacifica, has announced financial results…

Cyanotech Negotiates Loan for Growth Program

Kailua Kona, Hawaii-based Cyanotech Corporation, a leader in high-value nutrition and health products made from microalgae, has completed a long-term $5,500,000 loan agreement with Pacific Rim Bank…

Cyanotech Reports 1Q 2013 Results

Kailua Kona, Hawaii–based Cyanotech, a leader in high-value nutrition and health products from microalgae, has announced financial results for the first quarter of fiscal year 2013, ended June 30, 2012…

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