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Arcadia Biosciences: 4Q Earnings Snapshot

DAVIS, Calif. (AP) _ Arcadia Biosciences Inc. (RKDA) on Wednesday reported a loss of $6.2 million in its fourth quarter.

The Davis, California-based company said it had a loss of 72 cents per share. Losses, adjusted for non-recurring costs, came to 49 cents per share.

The agricultural biotechnology trait company posted revenue of $416,000 in the period.

For the year, the company reported that its loss widened to $28.8 million, or $4.53 per share. Revenue was reported as $1.2 million.

In the final minutes of trading on Wednesday, the company's shares hit $3.31. A year ago, they were trading at $6.95.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RKDA at https://www.zacks.com/ap/RKDA