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Cyanotech's earnings decline 46 percent despite record sales

By Andrew Gomes

POSTED: 01:30 a.m. HST, Nov 10, 2012

~~<p>Hawaii island microalgae producer Cyano&shy;tech Corp. achieved record sales in its fiscal second quarter, but net income fell 46 percent to $476,000 from $875,000 a year earlier, the company reported Friday.</p>
<p><img style="float:right;padding-left:1em;padding-bottom:1em;" alt="" src="http://media.Staradvertiser.Com/images/20121110_BIZarrowMUG.jpg" /></p>
~~

Hawaii island microalgae producer Cyano­tech Corp. achieved record sales in its fiscal second quarter, but net income fell 46 percent to $476,000 from $875,000 a year earlier, the company reported Friday.

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