Arcadia Biosciences: 3Q Earnings Snapshot
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.