Brief: Cyanotech Corp Sees Higher Production Costs

Cyanotech

13/04/2018 22:38

April 13 (Reuters) - Cyanotech Corp  CYAN.O :
    * UNDERTAKEN RE-INOCULATION OF SPIRULINA PONDS WHICH CO
BELIEVE
WILL ALLOW TO CORRECT NUTRIENT LEVELS & STABILIZE PRODUCTION
    * DURING RE-INOCULATION PROCESS, WHICH CO EXPECTS TO BE
COMPLETED
BY MID-MAY, CO WILL NOT BE ABLE TO HARVEST ANY NEW SPIRULINA
    * CYANOTECH SAYS PRODUCTION COSTS HAVE & WILL INCREASE
DURING Q4
OF FISCAL YEAR 2018 & Q1 2019 FISCAL YEAR - SEC FILING

Source text (https://bit.ly/2H0bKkw)
Further company coverage:  CYAN.O 

 (Reuters.Briefs@thomsonreuters.com)