Cyanotech Corporation (CYAN) Q2 2026 Earnings Call Prepared Remarks Transcript

Core Insights - The company reported a nearly 20% year-over-year increase in total revenue, driven by higher bulk sales and strong online channel performance [3] - There was a significant improvement in gross margin due to increased production volumes, which lowered cost per unit and enhanced overall efficiency [3] - Price increases for Nutrex-branded products contributed to margin expansion, despite challenges from tariffs affecting contract extraction competitiveness [3] Financial Performance - Total revenue increased by nearly 20% year-over-year [3] - Improvement in gross margin was noted as production volumes increased [3] - Price increases earlier in the year for Nutrex-branded products aided in margin expansion [3] Operational Focus - The company emphasized operational excellence and disciplined cost control to build a stronger, more resilient business [3] - There is a commitment to long-term success despite external challenges such as tariffs [3]