AP NEWS

Arcadia Biosciences: 3Q Earnings Snapshot

November 6, 2019

DAVIS, Calif. (AP) _ Arcadia Biosciences Inc. (RKDA) on Wednesday reported a third-quarter loss of $14.2 million, after reporting a profit in the same period a year earlier.

The Davis, California-based company said it had a loss of $2.04 per share. Losses, adjusted for non-recurring costs, were 92 cents per share.

The agricultural biotechnology trait company posted revenue of $392,000 in the period.

Arcadia Biosciences shares have climbed 82% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.77, a rise of 34% in the last 12 months.

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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 RKDA at https://www.zacks.com/ap/RKDA