Marrone Bio Innovations Reports Second Quarter 2016 Results

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Go back to Marrone Bio Innovations Reports Second Quarter 2016 Results

Marine Bio (MBII) Reports In-Line Q2 EPS, Enters Microbial Product Development Pact with Albaugh

August 9, 2016 4:46 PM EDT

Marine Bio (NASDAQ: MBII) reported Q2 EPS of ($0.28), in-line with the analyst estimate of ($0.28). Revenue for the quarter came in at $5 million versus the consensus estimate of $4.61 million.

Albaugh, LLC and Marrone Bio Innovations, Inc. (MBI) announced the companies have signed an exclusive agreement to develop and market one of MBIs microbial products, a proprietary microbial biopesticide with insecticidal and nematicidal properties, for seed treatment applications.

Dr. Pam Marrone, Founder and... More