Amyris (AMRS) Reports Q1 Loss of $0.52
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Amyris Continues Strong Momentum and Execution with 77% Revenue Growth and Exceeds Gross Margin Target
May 14, 2018 4:00 PM EDTQ1 2018 GAAP revenue of $23.0 million, compared with GAAP revenue of $13.0 million for Q1 2017, representing 77% growth over first quarter of 2017.Q1 2018 Non-GAAP gross margin of $19.0 million, or 83%, compared to negative $574,000, or negative 4%, for Q1 2017. Over $11 million of product related royalty payments for Q1 2018. Q1 2018 GAAP net loss attributable to common shareholders of $91.9 million, or $1.79 per basic and diluted share, compared with a net loss of $37.4 million, or $1.93 per basic and diluted share for Q1 2017. Of the Q1 2018 net loss attributable to common shareholders, $63.9 million, or $1.25 per share, was due to... More
