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Arcadia Biosciences (RKDA) Announces Third-Quarter 2016 Financial Results And Business Highlights



11/11/2016 12:57:25 PM

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DAVIS, Calif.--(BUSINESS WIRE)--Arcadia Biosciences, Inc. (Nasdaq: RKDA), an agricultural technology company that creates value for farmers while benefitting the environment and enhancing human health, today released its financial and business results for the third quarter of 2016.

The company’s loss from operations was $3.9 million in the third quarter of 2016 compared to $4.2 million in the third quarter of 2015. Net loss attributable to common stockholders in the third quarter of 2016 was $4.2 million, compared to $4.6 million in the comparable period in 2015.

Cash on hand and liquid investments at the end of the third quarter totaled $57.4 million.

Read at BioSpace.com


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