Cyanotech Corp., the maker of nutritional and health products from microalgae, reported slightly higher revenue and profit for its fiscal fourth quarter that ended March 31.

The Kailua Kona-based company said revenue increased by $8,000 to $3.42 million as it worked to position its Hawaiian Spirulina Pacifica as a nutritional leader and strengthen its Astaxanthin potency.
Net income rose to $194,000 or 4 cents a share as the company looked to contain costs and increase productivity through new cultivation strategies. A year earlier Cyanotech reported a profit of $181,000 or 3 cents a share.
Shares of Cyanotech fell 21 cents to $1.95 in trading on the Nasdaq Market today.