Neptune Technologies & Bioressources Inc. (NEPT) 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.
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