Solazyme Inc. (SZYM) Tuesday reported a wider loss for the second quarter compared to last year, due mainly to higher costs and expenses.
The South San Francisco, California-based company's second-quarter net loss attributable to common stockholders was $19.24 million, compared to $16.97 million last year. On a per-share basis, loss narrowed to $0.32 from $0.61 on higher share count.
Adjusted loss for the quarter widened to $16.27 million from $10.04 million in the prior-year quarter. On a per-share basis, adjusted loss narrowed to $0.27 from $0.36 on higher share count.
On average, 13 analysts polled by Thomson Reuters expected loss of $0.30 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew to $13.55 million from $7.40 million in the prior-year quarter. Ten analysts had a consensus revenue estimate of $13.11 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.