BRIEF-Charles & Colvard raises Co’s Ability To Continue As A Going Concern

Reuters
19 Feb
BRIEF-Charles & Colvard raises Co’s Ability To Continue As A Going Concern

Feb 18 (Reuters) - Charles & Colvard Ltd CTHR.O:

  • CHARLES & COLVARD LTD FILES FOR NON TIMELY 10-Q WITH U.S. SEC

  • CHARLES & COLVARD LTD: CERTAIN FACTORS RAISE SUBSTANTIAL DOUBT ABOUT CO’S ABILITY TO CONTINUE AS A GOING CONCERN

  • CHARLES & COLVARD : EXPECTS NET SALES FOR QUARTER ENDED DEC 31, 2024 TO DECREASE COMPARED TO NET SALES FOR QUARTER ENDED DEC 31, 2023

  • CHARLES & COLVARD LTD: EXPECTS TO REPORT A NET LOSS FOR THE QUARTER ENDED DECEMBER 31, 2024

  • CHARLES & COLVARD : IMPLEMENTED COST REDUCTION STRATEGY THAT INCLUDED DECREASE IN HEADCOUNT, REEVALUATION OF SUPPLIER BASE, INVENTORY REPURPOSING

  • CHARLES & COLVARD LTD: REDUCED SPEND ACROSS THE BOARD IN ORDER TO STABILIZE AND RIGHT-SIZE ITS BUSINESS

Source text: [ID:n0001104659-25-014830]

Further company coverage: CTHR.O

((Reuters.Briefs@thomsonreuters.com;))

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