Synergy Hesitates on Quarterly Numbers
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Synergy CHC Corp. (NASDAQ: SNYR) reported its Q1 2026 financial results, showing revenue of $5.49 million, down from $8.17 million in Q1 2025. The decline was attributed to the absence of $1.5 million in license revenue from 2025 and stock issues affecting online sales. Operating expenses rose to $4.54 million, leading to a loss from operations of $0.57 million and a net loss of $2.57 million, compared to a net income of $0.88 million in the previous year. SNYR shares fell by 1.6% to 30 cents.
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