Neptune Technologies (NEPT) Reports Q4 Revenues of $7M

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Go back to Neptune Technologies (NEPT) Reports Q4 Revenues of $7M

Neptune Announces Fourth Quarter and Year-end Results

June 5, 2018 4:48 PM EDT

On Track and On Budget to Complete Phase 1 of the Cannabis Business PlanPhase 2 capacity expansion approved by the Board

Year-end Financial and Operational Highlights for the 12-month period ended March 31, 2018 compared to the 13-month period ended March 31, 20171

Cannabis Business site investments related to licensing process, on track and on budget; extensive commercial activities initiated. Revenues of $26.2 million, a decrease of $20.7 million, reflecting the sale of the krill oil manufacturing business on August 7, 2017; revenues for 2017 were $46.9 million for 13-month period. Strong contribution... More