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.