Charles & colvard reports third quarter fiscal year 2022 financial results and announces $5 million stock repurchase program

Delivered $9.8 million in net sales increased total cash to $21.9 million announced $5 million stock buyback program generated $1.1 million in cash flow from operations achieved highest three consecutive quarters by revenue to date at $33.8 million 22% increase in charlesandcolvard.com revenue versus the year-ago quarter 141% increase in lab grown diamond sales along with a steady 10% increase in moissanite sales versus the year-ago quarter conference call with accompanying slide presentation scheduled today at 8:00 am et research triangle park, n.c. , may 5, 2022 /prnewswire/ -- charles & colvard, ltd.
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