BUZZ-ChromaDex surges on surprise Q3 profit

Reuters

2024/11/01

** Biotech co ChromaDex's shares rise ~17.7% to $4.10 premarket

** CDXC, late on Thursday, reported Q3 profit of 2 cents/shr vs analysts' estimate of breakeven - LSEG data

** Co's Q3 revenue of $25.58 mln beat analysts' estimate of $23.64 mln on strong demand for its NAD (nicotinamide adenine dinucleotide) supplement

** NAD is an essential coenzyme that is a key regulator of cellular metabolism and is found in every cell of the human body

** Up to last close, stock more than doubled YTD

(Reporting by Christy Santhosh)

((Christy.Santhosh@thomsonreuters.com))

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