Ceres (CERE) Reports Smaller Q1 Loss

Ceres (NASDAQ: CERE) reported Q1 EPS of ($0.12), versus ($0.33) reported last year. Revenue for the quarter came in at $400 thousand, versus $800 thousand reported last year.

At November 30, 2014, cash and cash equivalents and marketable securities totaled $21.6 million.

"We have made key progress across our business and product development pipeline and are reaching an exciting point in the commercial roll-out of our products," said Ceres President and CEO Richard Hamilton. "We continue to align our business with areas of the market that provide the most encouraging and near-term growth opportunities."

For earnings history and earnings-related data on Ceres (CERE) click here.

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