AMYRIS, Inc. (AMRS) Posts Q1 Loss of 10c/Share

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Go back to AMYRIS, Inc. (AMRS) Posts Q1 Loss of 10c/Share

Amyris Reports First Quarter 2014 Financial Results

May 8, 2014 4:01 PM EDT

Strong operating performance with combined inflows from product sales and collaboration inflows of $17.9 million On a GAAP basis, net income of $16.4 million, or $0.21 per share on a basic basis. Non-GAAP EBITDA of -$7.5 million, or -$0.10 per share, and non-GAAP cash gross margin of 73%. Operating expenses, including non-cash items, reduced 14% compared to first quarter of 2013. End of quarter cash, cash equivalents and short-term investments balance of $49.1 million.

EMERYVILLE, Calif., May 8, 2014 (GLOBE NEWSWIRE) -- Amyris, Inc. (Nasdaq: AMRS), a leading renewable products company, today announced... More