Arcadia Biosciences (RKDA) Misses Q3 EPS by 4c

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Arcadia Biosciences Announces Third Quarter 2015 Financial Results and Business Highlights

November 5, 2015 4:00 PM EST

DAVIS, Calif.--(BUSINESS WIRE)-- Arcadia Biosciences, Inc. (NASDAQ: RKDA), an agricultural technology company with 50 pipeline products focused on generating higher yields and improving product quality, today released its financial and business results for the third quarter and first nine months of 2015.

The companys loss from operations of $4.2 million in the third quarter of 2015 was a 29 percent improvement over the loss from operations in the third quarter of 2014 as a result of increased revenues and decreased operating expenses. For the first three quarters of 2015, the operating loss of $11.5 million was a 15 percent... More