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Charles & Colvard posts Q1 loss as it invests in business initiatives

IDEX Online | May 02, 2011 | 7:33 pm Diamond 

Charles & Colvard’s first quarter net sales increased 4% to $3 million, the moissanite maker reported Thursday. The increased income did not prevent the company from falling into the red, posting a net loss of $236,000.

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