Benzinga | Sep 3, 2020 04:11PM EDT

Charles & Colvard Q4 EPS $(0.04) Beats $(0.07) Estimate, Sales $4.40M Beat $2.60M Estimate

Charles & Colvard (NASDAQ:CTHR) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.07) by 42.86 percent. This is a 500 percent decrease over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $4.40 million which beat the analyst consensus estimate of $2.60 million by 69.23 percent. This is a 42.16 percent decrease over sales of $7.61 million the same period last year.