Earnings Call Summary | Charles & Colvard(CTHR.US) Q3 2024 Earnings Conference
Earnings Call Summary | Charles & Colvard(CTHR.US) Q3 2024 Earnings Conference
The following is a summary of the Charles & Colvard, Ltd. (CTHR) Q3 2024 Earnings Call Transcript:
以下是查爾斯和科爾瓦德有限公司（CTHR）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Charles & Colvard's Q3 2024 revenue was $5.3 million, a decrease of 21% compared to Q3 FY 2023.
Gross margin was 23%, down from 32% in the previous year.
Net sales from online channels were $4.1 million, forming 77% of total net sales.
Operating expenses increased by 13%, mainly due to investments in marketing and brand promotion.
A net loss of $3.6 million was reported for the quarter.
查爾斯和科爾瓦德2024年第三季度的收入爲530萬美元，與2023財年第三季度相比下降了21％。
毛利率爲23％，低於去年的32％。
在線渠道的淨銷售額爲410萬美元，佔總淨銷售額的77％。
運營支出增長了13％，這主要是由於對營銷和品牌推廣的投資。
本季度淨虧損360萬美元。
Business Progress:
業務進展：
Growth observed in lab-grown gem sales, with increase in revenues from its Forever One and KDL lab-grown diamond sales.
Rebranded moissanite line and expanded online partnerships.
Achieved significant reduction in inventory.
Investments made in next-gen web platform, HR, and marketing initiatives.
Strong Valentine's Day sales, constituting 52% of the quarter's revenue.
Future initiatives will focus on reducing expenses, driving revenue, and value delivery.
實驗室培育的寶石銷售出現增長，Forever One和KDL實驗室培育的鑽石銷售收入有所增加。
重命名莫桑石系列並擴大在線合作伙伴關係。
實現了庫存的顯著減少。
對下一代網絡平台、人力資源和營銷計劃的投資。
情人節銷售強勁，佔該季度收入的52％。
未來的舉措將側重於減少開支、增加收入和價值交付。
More details: Charles & Colvard IR
更多詳情： 查爾斯和科爾瓦德 IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。