Charles & Colvard shines on qtrly profit vs yr-ago loss

Charles & Colvard

06/09/2019 14:43

** Jewelry maker's shares  CTHR.O  jump 10.3% to $1.5, on
course for best day in about 3 months if gains hold
    ** Posts qtrly profit of 1 cent/shr vs. year-earlier loss of
3 cents/shr  urn:newsml:reuters.com:*:nGNXc9JMDF
    ** Net sales up 19%, lifted by 28% rise in finished jewelry
segment
    ** Stock among top pct gainers across U.S. exchanges 
    ** Up to Thursday's close, stock up ~58% this year,
outperforming ~22% gain in Nasdaq industrial index  .IXID  

 (Reporting by C Nivedita in Bengaluru)
 ((C.Nivedita@thomsonreuters.com))