Neptune Technologies & Bioressources Inc. (NEPT: Quote) on Friday reported a net loss of $134,000 or $0.01 per share, narrower than the $2.21 million or $0.04 per share loss reported last year.
Revenues increased to $5.37 million from $4.08 million in the prior year.
Full-year net loss was $4.59 million, compared to a net loss of $1.69 million last year. Revenues increased 15 percent to $19.12 million.
The company also announced some management changes and restructuring initiatives, including Harland Waksal's nomination on the Board of Directors.
Click here to receive FREE breaking news email alerts for Neptune Technologies & Bioresources, Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org