Solazyme (SZYM) Tops Q1 EPS by 3c

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Solazyme Reports First Quarter 2015 Results

May 6, 2015 4:05 PM EDT

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)-- Solazyme, Inc. (NASDAQ: SZYM), a renewable oil and bioproducts company, announced today results for the first quarter ended March 31, 2015.

We are executing against our operating plan for 2015 and are pleased with the progress we are seeing across the company and in our manufacturing and commercialization efforts specifically, said Jonathan Wolfson, CEO of Solazyme. Advances are being made at the Moema JV production facility in Brazil including substantial improvements in downstream processing efficiency and oil production as well as in overall up-time and integrated operations. On the... More