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Last $0.99 USD
Change Today +0.02 / 2.06%
Volume 22.0K
DYAI On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

dyadic international inc (DYAI) Key Developments

Dyadic International, Inc. Presents at World Congress on Industrial Biotechnology, Jul-20-2015 10:30 AM

Dyadic International, Inc. Presents at World Congress on Industrial Biotechnology, Jul-20-2015 10:30 AM. Venue: Palais des congrès de Montréal, Montréal, Quebec, Canada. Speakers: Mark A. Emalfarb, Chief Executive Officer, President, Founder, Director and Chairman of Nominating Committee.

Dyadic International, Inc., Annual General Meeting, Jun 24, 2015

Dyadic International, Inc., Annual General Meeting, Jun 24, 2015., at 10:00 US Eastern Standard Time. Location: PGA National Resort, St. Andrews Room. Agenda: To elect two Class II directors to the company’s board of directors to serve until the company's 2018 Annual Meeting of Stockholders or until their successors are duly elected and qualified; to ratify the appointment of Mayer Hoffman McCann P.C., as the company's independent registered public accounting firm for the year ending December 31, 2015; and to transact such other business as may properly come before the annual meeting or any adjournment or postponement thereof.

Dyadic International, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Financial Guidance for Fiscal 2016

Dyadic International, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. Net loss for the three month period ended March 31, 2015 was $0.4 million, or $0.1 per basic and diluted share, compared to a net loss of $1.6 million, or $0.05 per basic and diluted share, for the same period a year ago. Total revenue for the three month period ended March 31, 2015 increased 35% to approximately $4.0 million compared to $3.0 million for the same period a year ago. Net product related revenue for the three month period ended March 31, 2015 increased 41% to approximately $3.5 million compared to $2.5 million for the same period a year ago. The increase in revenue for the period was driven by growth in the animal nutrition, biogas and food markets. License fee revenue for the three month period ended March 31, 2015 increased to $0.2 million due to the Company achieving a second research milestone with BASF. Research and development revenue for the three month period ended March 31, 2015 decreased 32% to approximately $0.4 million compared to $0.5 million for the same period a year ago. The decrease in revenue for the period was due to mix and timing of project activity in commercial and government programs. Gross profit for the three month period ended March 31, 2015 increased 70% to approximately $1.6 million compared to $0.9 million for the same period a year ago. The $0.7 million increase in gross profit is attributable to (i) product related revenue growth of approximately $0.3 million, (ii) cost improvements in manufacturing, fermentation and down-stream processing of $0.4 million and (iii) the BASF research milestone of $0.2 million, (iv) partially offset by lower research & development margins due to mix and timing of commercial and government programs of $0.2 million. Loss from operations was $203,424 against $1,409,793 a year ago. As a result, the company believes that it is on track to meet its objective of attaining profitability in 2016.

Dyadic International, Inc. to Report Q1, 2015 Results on May 14, 2015

Dyadic International, Inc. announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on May 14, 2015

Dyadic International, Inc., Q1 2015 Earnings Call, May 14, 2015

Dyadic International, Inc., Q1 2015 Earnings Call, May 14, 2015

 

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