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0.0131578947368422 0.0263157894736842 0.0263157894736842 0.0394736842105263 0.102368421052632 0.0789473684210527 0.0737105263157896 0.0844736842105264
Stock impact report

ChromaDex Corporation Reports Third Quarter 2024 Financial Results

ChromaDex Corporation (CDXC) 
NASDAQ:AMEX Investor Relations: investors.chromadex.com
Company Research Source: Business Wire
Total net sales of $25.6 million, up $6.1 million or 31% year-over-year, gross margin of 63.5% and record net income and adjusted EBITDA of $1.9 million and $2.9 million, respectively, for the three months ended September 30, 2024 LOS ANGELES--(BUSINESS WIRE)--ChromaDex Corp. (NASDAQ:CDXC) today announced financial results for the third quarter of 2024.Third Quarter 2024 Financial and Recent Operational HighlightsTotal net sales were $25.6 million, with $18.1 million from Tru Niagen®, up 31%, and 4%, respectively, from the prior year quarter.Total Niagen® ingredient sales, including food-grade and pharmaceutical-grade, reached $6.7 million, up 368% YoY.Delivered strong gross margin of 63.5%, up 210 basis points from the prior year quarter.Sales and marketing expense as a percentage of net sales was 27.5%, an improvement of 350 basis points, compared to 31.0% from the prior year quarter.Achieved net income of $1.9 million or $0.02 earnings per share, an improvement of $2.8 million a Show less Read more
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