Charles & Colvard: Q2 Earnings Insights

Charles & Colvard CTHR reported its Q2 earnings results on Thursday, February 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Charles & Colvard missed estimated earnings by 20.0%, reporting an EPS of $0.04 versus an estimate of $0.05, which surprised analysts.

Revenue was up $1.61 million from the same period last year.

Last quarter the company beat on EPS by $0.01, which was followed by a 8.52% increase in the share price the next day.

Here's a look at Charles & Colvard's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.02	0.02	0.01	0.03
EPS Actual	0.03	0.03	0.03	0.09
Revenue Estimate	9.20M	8.40M	7.90M	11.30M
Revenue Actual	10.28M	9.73M	9.44M	12.15M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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