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Charles & Colvard's 1Q Sales +38%, Loss Widens to $2M

2015-05-01 18:50:34| Jewelry - Topix.net

Charles & Colvard Ltd. reported that sales jumped 38.1 percent year on year to $8.4 million in the first quarter that ended on March 31. Total costs surged 38.9 percent to $10.1 million and the company widened its quarterly loss 57.9 percent to $1.7 million, or 8 cents per share. The company ended the quarter with no outstanding debt.

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Category:Consumer Goods and Services

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