LOS ANGELES (AP) — LOS ANGELES (AP) — ChromaDex Inc. (CDXC) on Wednesday reported a loss of $2.2 million in its second quarter.
The Los Angeles-based company said it had a loss of 3 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The natural products company posted revenue of $20.3 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $19.5 million.
In the final minutes of trading on Wednesday, the company’s shares hit $1.65. A year ago, they were trading at $1.92.
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