Reuters: Global Markets: Amyris shares fall on weak quarterly results

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Amyris shares fall on weak quarterly results Aug 1st 2012, 14:15 Wed Aug 1, 2012 10:15am EDT (Reuters) - Shares of Biofuel company Amyris Inc (AMRS.O) fell as much as 17 percent a day after the company reported a wider-than-expected second-quarter loss, hurt by the wind-down of its ethanol and gasoline trading business. Second-quarter net loss was $46.8 million or 81 cents per share, compared with $42.6 million or 95 cents per share a year ago. Excluding items, net loss came in at 66 cents per share. Revenue fell 40 percent to $19.3 million. Analysts on average had expected the company to report a loss of 63 cents per share on revenue of $39 million. Shares of Emeryville, California-based Amyris were down 8 percent at $3.57 on Wednesday morning on the Nasdaq. They had touched a low of $3.21 earlier in the session.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions