TerraVia (TVIA) Releases Earnings Results, Beats Expectations By $0.03 EPS

TerraVia (TVIA) reported quarterly earnings results on Monday, Aug-8-2016. The company said it had a profit of $-0.26 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $-0.29. The company posted revenue of $9.90 million in the period, compared to analysts expectations of $10.82 million. The company’s revenue was down -15.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

In a different news, on Jun 7, 2016, Tyler Painter (COO and CFO) sold 12,500 shares at $2.67 per share price.


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