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Last $1.82 USD
Change Today +0.02 / 1.11%
Volume 80.2K
CERE On Other Exchanges
As of 8:10 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

ceres inc (CERE) Snapshot

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52 Week High
07/8/14 - $6.56
52 Week Low
01/29/15 - $1.45
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ceres inc (CERE) Details

Ceres, Inc., an agricultural biotechnology company, develops and sells energy crops to produce renewable bioenergy feedstocks in North America. The company’s energy crops include sweet sorghum; high biomass sorghum for the generation of renewable electric power and the creation of cellulosic biofuels; switchgrass, a perennial grass; miscanthus, a tall perennial grass for use as an energy crop. Ceres, Inc. markets its seed products under the Blade brand. It also licenses its biotech traits and technology, including Persephone genome visualization software to other organizations. The company sells and distributes its seed products to ethanol mills, utilities, independent power producers, cellulosic biofuel companies, agri-industrial facilities, individual growers, and grower cooperatives. The company was founded in 1996 and is headquartered in Thousand Oaks, California.

81 Employees
Last Reported Date: 11/20/14
Founded in 1996

ceres inc (CERE) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $634.9K
Chief Financial Officer
Total Annual Compensation: $419.9K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $390.0K
Compensation as of Fiscal Year 2014.

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.


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