Neptune Technologies & Bioressources Inc. (NEPT, NTB.TO) reported that its third-quarter net loss of $12.44 million, compared to a net loss of $1.43 million in the year ago quarter.
Revenues for the quarter increased 37% to $7.03 million from $5.12 million in the year ago quarter.
Net loss from nutraceutical business for the third-quarter reached $10.88 million, compared to a net income of $869,000 last year. Nutraceutical revenues increased 29% to $6.60 million from $5.12 million in the year ago quarter.
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