Neptune Tech posts 3Q profit
Neptune Technologies posts third-quarter profit of $8.1 million
LAVAL, Quebec (AP) _ Neptune Technologies & Bioresources Inc. (NEPT) on Thursday reported fiscal third-quarter net income of $8.1 million, after reporting a loss in the same period a year earlier.
The Laval, Quebec-based company said it had net income of 11 cents per share.
The krill oil maker posted revenue of $9.2 million in the period. Its adjusted revenue was $9.2 million.
In the final minutes of trading on Thursday, the company's shares hit $1.16. A year ago, they were trading at $1.20.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEPT at https://www.zacks.com/ap/NEPT
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Keywords: Neptune Technologies, Earnings Report