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Charles & Colvard Ltd - CTHR STOCK NEWS

Welcome to our dedicated news page for Charles & Colvard (Ticker: CTHR), a resource for investors and traders seeking the latest updates and insights on Charles & Colvard.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Charles & Colvard's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Charles & Colvard, (CTHR) will host an investor conference call to discuss its financial results for the third quarter ended March 31, 2024, on May 2, 2024, at 4:30 p.m. ET. The Company specializes in moissanite and lab-grown diamonds. Interested parties can join the call via phone or webcast. Financial results will be released after market close on the same day.
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End-of-Day
-1.56%
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conferences earnings
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Rhea-AI Summary
Charles & Colvard, (CTHR) announces a strategic partnership with actress Skyler Samuels as its new brand ambassador. Samuels, known for her roles in popular TV series, will represent the company's mission of creating conflict-free and ethical fine jewelry. The partnership aims to raise awareness about lab-grown gems and promote the benefits of Charles & Colvard's products.
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0.32%
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Rhea-AI Summary
Charles & Colvard, launches Charles & Colvard Direct, a new digital B2B trade portal, enabling independent jewelers to purchase loose gems directly. The portal offers premium moissanite gems and a new gemstone brand, Forever Bright™, aiming to support retailers by cutting out middlemen and offering competitive prices.
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Charles & Colvard, Ltd. reported financial results for Q2 Fiscal 2024, highlighting challenges from industry shifts. The company remains focused on long-term growth and shareholder value. They launched new initiatives and partnerships, but experienced a 24% decrease in net sales. Operating expenses increased, leading to a net loss of $2.9 million. Cash position decreased, but the company remains debt-free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
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Rhea-AI Summary
Charles & Colvard, Ltd. (Nasdaq: CTHR) will host an investor conference call and webcast presentation to discuss its financial results for the second quarter ended December 31, 2023. The Company specializes in moissanite and lab-grown diamonds, and the call will take place on February 13, 2024, at 4:30 p.m. ET. Interested parties can access the call and presentation slides via a live webcast or by dialing in. A teleconference and webcast replay will also be available until February 20, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.13%
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conferences earnings
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Rhea-AI Summary
Charles & Colvard, Ltd. (Nasdaq: CTHR) reported Q1 Fiscal 2024 financial results, with net sales of $5.0 million, a 33% decrease from the year-ago quarter. Despite challenges, the company remains optimistic about strategic initiatives and product portfolio to meet holiday demand. The company will host an investor call today at 4:30 PM ET to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
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Rhea-AI Summary
Charles & Colvard, Ltd. (Nasdaq: CTHR), a fine jewelry company specializing in moissanite and lab grown diamonds, will host an investor conference call and webcast presentation to discuss its financial results for Q1 FY2024 on November 9, 2023. The company will release its financial results after the market close on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.71%
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conferences earnings
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Rhea-AI Summary
Charles & Colvard reports Q4 2023 financial results, with net sales of $5.6 million, a decrease of 40% compared to the previous year. The company's cash position remains strong at $15.6 million.
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-28.07%
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Rhea-AI Summary
Charles & Colvard to host investor conference call and webcast presentation
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5.26%
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Charles & Colvard Ltd

Nasdaq:CTHR

CTHR Rankings

CTHR Stock Data

9.10M
23.68M
24.92%
12.96%
0.38%
Jewelry Stores
Retail Trade
Link
United States
Morrisville

About CTHR

charles & colvard, ltd. is the original and leading worldwide source of forever classic™, forever brilliant®, and forever one™ moissanite, a created gem used in fine jewelry. moissanite is near-colorless, with more fire, brilliance, and sparkle than a fine diamond, but retails for only a fraction of the cost. charles & colvard® produces moissanite gems from silicon carbide (sic) crystals, which it sells loose and set in jewelry at wholesale to distributors, manufacturers, and retailers and at retail to end consumers through its wholly owned operating subsidiaries moissanite.com, llc and charles & colvard direct, llc., d.b.a. lulu avenue®. moissanite jewelry is sold in fine jewelry stores, on domestic and international shopping networks, in catalogs and home parties, and online.