Charles & Colvard Sales Up in 4Q and 2010

Highlights of Charles & Colvard’s fourth quarter and
fiscal year 2010 financial statement (ended Dec. 31):

  • 4Q: Net income: $425,000, up from a net loss of $525,000
  • 4Q: Net sales: $3.5 million, up 48%
  • FY2010: Net income: $1.6 million, up from a net loss of $3.6
  • FY2010: Net sales: $12.7 million, up 53%

For more information on Charles & Colvard’s financial
statement, click here.

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