TerraVia (SZYM) Tops Q1 EPS by 2c

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TerraVia Reports First Quarter 2016 Results

May 4, 2016 4:06 PM EDT

Announces Launch of AlgaPrime DHA and Signs Supply Agreement With Global Aquaculture Leader

SAN FRANCISCO--(BUSINESS WIRE)-- TerraVia (Solazyme, Inc.) (NASDAQ: SZYM), a pioneer in algae innovation and a food, nutrition and specialty ingredients company, announced today results for the first quarter ended March 31, 2016.

TerraVias emergence as a food, nutrition and specialty ingredients focused company is well underway, said Jonathan Wolfson, CEO of TerraVia. Over the last two months, weve expanded the customer base for our AlgaVia Lipid-Rich Whole Algae Powders and Proteins, and weve initiated deliveries to Unilever... More