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

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Cowen Trims PT on Amyris (AMRS) to $3; Visibility Remains Low Following Q1 Numbers, Outlook

May 9, 2014 10:56 AM EDT

Cowen and Company is cutting its price target on Amyris (Nasdaq: AMRS) from $3.50 down to $ following Q1 results.

Analyst Robert Stone noted that Amyris reported Q1 loss of $.24 per share with revenue of $6.0 million, versus the analyst's loss estimate of $.25 per share and consensus views looking for revs of $13.5 million. Collaboration revenue was... More