Amyris (AMRS) Reports Q1 Loss of $0.13/Share

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Amyris Reports 164% Product Revenue Growth over Prior Year & Continued Strong Outlook

May 15, 2017 4:21 PM EDT

Q1 2017 revenues of $13.0 million, up 47% over $8.8 million for Q1 2016Q1 2017 product sales of $8.3 million, up 164% over $3.1 million for Q1 2016 with Biossance sales also at a record level powered by successful debut at SEPHORAAnticipated equity financing of up to $95 million from Royal DSM and investors over two tranches and debt reduction of approximately $75 million

EMERYVILLE, Calif., May 15, 2017 (GLOBE NEWSWIRE) -- Amyris, Inc. (Nasdaq: AMRS), the industrial bioscience company, today announced financial results for the first quarter ended March 31, 2017.

We are pleased with our continued execution... More