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Neptune Tech: Fiscal 4Q Earnings Snapshot

LAVAL, Quebec (AP) _ Neptune Technologies & Bioresources Inc. (NEPT) on Wednesday reported a loss of $29.3 million in its fiscal fourth quarter.

On a per-share basis, the Laval, Quebec-based company said it had a loss of 31 cents. Losses, adjusted for non-recurring costs, were 21 cents per share.

The krill oil maker posted revenue of $7.1 million in the period.

For the year, the company reported that its loss widened to $45.4 million, or 51 cents per share. Revenue was reported as $22.1 million.

In the final minutes of trading on Wednesday, the company's shares hit $3. A year ago, they were trading at $4.59.


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