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Stock Market & Financial Investment News

News Breaks
November 26, 2012
17:50 EDTNEPTNeptune Technologies announces plan to resume operations follow plant explosion
Neptune Technologies & Bioressources announced its action plan going forward to resume operations which have been interrupted as a result of the incident that occurred on November 8 at its production plant located in Sherbrooke, Québec and to progressively supply customer demands in the interim. Quickly following the incident, Neptune has established five recovery committees composed of senior management and key employees to coordinate employee assistance, the action plan and business aspects: (1) human resources & communications, (2) sales & marketing, (3) plant reconstruction, (4) finance and (5) a strategic committee overseeing potential strategic opportunities and coordinating the efforts of all committees. As its first choice, Neptune intends to reconstruct an operational plant using the expansion facility that was under completion and certain existing equipment in the expansion. The cost and length of time to complete the reconstruction is being determined.
News For NEPT From The Last 14 Days
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July 17, 2014
10:11 EDTNEPTNeptune Technologies receives USPTO patent
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July 15, 2014
17:56 EDTNEPTNeptune Technologies reports Q1 revenue C$3.64M vs. C$6.08M last year
Gross profit as a percent of revenue was 14% for the current quarter, versus 10% for the corresponding prior year quarter. Reports Q1 Adjusted EBITDA (C$3.77M) vs. (C$2.7M) in the prior year. Reports Q1 net loss (C$5.7M) vs. (C$3.38M) last year.

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