Marine Bio (MBII) Reports In-Line Q1 EPS

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Go back to Marine Bio (MBII) Reports In-Line Q1 EPS

Marrone Bio Innovations, Inc. Reports 2017 First Quarter Results

May 11, 2017 4:05 PM EDT

First Quarter GAAP Revenues Increase 56% to $4.2 million

First Quarter Product Shipments Increase 66% to Record Level of $6.5 million

Closes Secondary Offering and Working Capital Line

DAVIS, Calif.--(BUSINESS WIRE)-- Marrone Bio Innovations, Inc. (the Company or we) (NASDAQ: MBII), a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental and water treatment markets, today announced results for the first quarter ended March 31, 2017.

First Quarter Results

The Company reported that GAAP revenues grew by 56% to $4.2 million... More