AP NEWS

Neptune Tech: Fiscal 4Q Earnings Snapshot

June 12, 2019

LAVAL, Quebec (AP) _ Neptune Technologies & Bioresources Inc. (NEPT) on Wednesday reported a loss of $9.3 million in its fiscal fourth quarter.

The Laval, Quebec-based company said it had a loss of 12 cents per share. Losses, adjusted for non-recurring costs, came to 4 cents per share.

The krill oil maker posted revenue of $4.3 million in the period.

For the year, the company reported a loss of $17.4 million, or 22 cents per share, swinging to a loss in the period. Revenue was reported as $18.4 million.

In the final minutes of trading on Wednesday, the company’s shares hit $4.89. A year ago, they were trading at $2.46.

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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

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