Ceres loses $9.3M, missing estimates
Thousand Oaks-based agricultural biotech firm Ceres’ third-quarter net loss widened to $9.3 million, or 38 cents per share, on revenue of $1.4 million, it said July 11. The energy crop firm attributed the higher loss to added expenses from expanding business operations in Brazil and higher-than-expected variability in how much fuel its crops can produce. Read More →
Read More →Green Coast 2013: How the region is leading the way in energy efficiency
The Business Times published the fifth edition of Green Coast, our annual special report on the business of sustainability in the Tri-Counties, with the April 5, 2013 print edition. This special section took on a theme for its fifth anniversary: Energy efficiency, how our region is leading the way. Along with profiles on innovative energy Read More →
Read More →Ceres develops drought-resistant gene
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Read More →Ceres loses $6.8M in Q1
Energy crop company Ceres lost $6.8 million in the first quarter, it said in its first earnings report after going public in a $65.3 million IPO in late February. The Thousand Oaks-based firm’s loss widened from $5.4 million a year earlier as revenue dropped from $1.6 million to $1.3 million. Despite a $100,000 increase in Read More →
Read More →Ceres goes public at $13
Ceres, the Thousand Oaks-based energy crop firm, has gone public on the Nasdaq priced at $13 a share, raising up to $65 million in the sale of five million shares. The stock was up nearly 15 percent to $14.90 in mid-day trading on Feb. 22. Ceres struggled to push through its deal. Initially slated to Read More →
Read More →Ceres delays again, warns of Brazilian drought
Ceres, the Thousand Oaks-based energy crop firm, has delayed its initial public offering again. It also said Friday that its existing investors might buy as many as a fifth of the shares slated to hit the market and that a drought in Brazil could hurt it sweet sorghum yields. The pushed back its planned initial Read More →
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