Neptune Tech: Fiscal 4Q Earnings Snapshot
Posted Jun 10, 2020 05:28:57 PM.
Last Updated Jun 10, 2020 05:30:10 PM.
This article is more than 5 years old.
LAVAL, Quebec (AP) _ Neptune Technologies & Bioresources Inc. (NEPT) on Wednesday reported a loss of $29.3 million in its fiscal fourth quarter.
On a per-share basis, the Laval, Quebec-based company said it had a loss of 31 cents. Losses, adjusted for non-recurring costs, were 21 cents per share.
The krill oil maker posted revenue of $7.1 million in the period.
For the year, the company reported that its loss widened to $45.4 million, or 51 cents per share. Revenue was reported as $22.1 million.
In the final minutes of trading on Wednesday, the company’s shares hit $3. A year ago, they were trading at $4.59.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEPT at https://www.zacks.com/ap/NEPT
The Associated Press
