Amyris (AMRS) Misses Q4 EPS by 6c

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Amyris Reports Fourth Quarter and Fiscal Year 2015 Financial Results

March 9, 2016 4:23 PM EST

Q4 2015 product sales marked third consecutive quarter of double-digit percentage growth, Q4 2015 GAAP revenues of $9.8 million including $5.2 million of product sales, negatively impacted by delay in shipment and revenue recognition of several sales; Q4 revenue of $20.7 million adjusting for these impactsExpected 2016 non-GAAP revenue in the $90 million-$105 million range and anticipated benefit to cash flow from planned sale of non-core assets expected to generate approximately $40 million-$60 million in net proceeds.

EMERYVILLE, Calif., March 09, 2016 (GLOBE NEWSWIRE) -- Amyris, Inc. (Nasdaq: AMRS), the industrial bioscience company, today... More