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Last $1.97 USD
Change Today -0.10 / -4.83%
Volume 108.0K
CERE On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

ceres inc (CERE) Key Developments

Ceres to Implement Workforce Reduction in Brazil; Announces Realignment Toward Food and Feed Markets, Biotech Traits

Ceres announced on June 19, 2015 that it will restructure its Brazilian seed operations as part of the continued realignment of its business to focus on food and forage opportunities and biotechnology traits for sugarcane and other crops. The realignment plan, which is expected to be substantially completed by Oct. 31, includes, among other actions. The company announced that the restructuring includes a workforce reduction in its Brazilian operations. The workforce reduction that will impact 14 positions in Brazil primarily related to administration, operations and manufacturing as well as 2 support positions in the U.S.

Ceres, Inc. Licenses Its Persephone Bioinformatics Software to HZPC Holland BV

Ceres, Inc. announced that the company has licensed its Persephone bioinformatics software to HZPC Holland BV. The software license agreement provides a non-exclusive license to HZPC as well as professional support services. HZPC is the most recent multi-national life sciences company to adopt Persephone as its primary genome browser. Originally developed for in-house use by Ceres, the Persephone software allows researchers to store, access and explore DNA databases in much the same way online mapping programs allow users to explore geographic regions and locations.

Ceres, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended February 28, 2015

Ceres, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended February 28, 2015. For the quarter, the company reported total revenues of $343,000 against $495,000 a year ago. Loss from operations was $8,109,000 against $7,216,000 a year ago. Loss before income taxes was $8,107,000 against $7,225,000 a year ago. Net loss was $8,107,000 or $1.34 per basic and diluted share against $7,225,000 or $2.29 per basic and diluted share a year ago. The decrease in revenue was primarily due to the completion of work scheduled under various grant programs. For the six months, the company reported total revenues of $743,000 against $1,258,000 a year ago. Loss from operations was $14,096,000 against $15,436,000 a year ago. Loss before income taxes was $14,079,000 against $15,429,000 a year ago. Net loss was $14,080,000 or $2.33 per basic and diluted share against $15,430,000 or $4.91 per basic and diluted share a year ago.

Ceres, Inc. to Report Q2, 2015 Results on Apr 09, 2015

Ceres, Inc. announced that they will report Q2, 2015 results at 4:30 PM, US Eastern Standard Time on Apr 09, 2015

Ceres, Inc., Q2 2015 Earnings Call, Apr 09, 2015

Ceres, Inc., Q2 2015 Earnings Call, Apr 09, 2015

 

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Price/Earnings NM Not Meaningful
Price/Sales 6.6x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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