AquaBounty Q2 net loss narrows to $3.4 mln

Reuters

2025/08/05

AquaBounty <a href="https://laohu8.com/S/QTWO">Q2</a> net loss narrows to $3.4 mln

Overview

AquaBounty Q2 net loss narrows to $3.4 mln from $50.5 mln yr/yr
Company sold Ohio Equipment Assets for $2.4 mln, boosting liquidity
Cash and equivalents rise to $730 thousand as of June 30, 2025

Outlook

Company focuses on strategic alternatives for Ohio Farm Project

Result Drivers

ASSET SALE - Sale of Ohio Equipment Assets generated $2.4 mln in net proceeds, enhancing liquidity, per CFO David Frank
IMPAIRMENT CHARGE - Net loss includes $1.2 mln non-cash asset impairment charge related to Ohio Equipment Assets
CASH POSITION - Cash and cash equivalents increased to $730 thousand as of June 30, 2025, aided by asset sales

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 EPS		-$0.87
Q2 Net Income		-$3.40 mln

Press Release: ID:nNFC3Lv6Kb

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PGEN","symbol_name":"Precigen","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250805:nPLX818BF8:1","article_id":"2557391861","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557391861","pubTimestamp":1754396127,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"AquaBounty Q2 net loss narrows to $3.4 mlnOverviewAquaBounty Q2 net loss narrows to $3.4 mln from $50.5 mln yr/yrCompany sold Ohio Equipment Assets for $2.4 mln, boosting liquidityCash and equivalents","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PGEN":"Precigen","AQB":"AquaBounty Technologies, Inc.","BK4139":"生物科技"},"translate_title":"AquaBounty第二季度净亏损收窄至340万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PGEN":0.9,"AQB":0.9},"content_text":"AquaBounty Q2 net loss narrows to $3.4 mlnOverviewAquaBounty Q2 net loss narrows to $3.4 mln from $50.5 mln yr/yrCompany sold Ohio Equipment Assets for $2.4 mln, boosting liquidityCash and equivalents rise to $730 thousand as of June 30, 2025OutlookCompany focuses on strategic alternatives for Ohio Farm ProjectResult DriversASSET SALE - Sale of Ohio Equipment Assets generated $2.4 mln in net proceeds, enhancing liquidity, per CFO David FrankIMPAIRMENT CHARGE - Net loss includes $1.2 mln non-cash asset impairment charge related to Ohio Equipment AssetsCASH POSITION - Cash and cash equivalents increased to $730 thousand as of June 30, 2025, aided by asset salesKey DetailsMetricBeat/MissActualConsensus EstimateQ2 EPS-$0.87Q2 Net Income-$3.40 mlnPress Release: ID:nNFC3Lv6Kb(This story was created using Reuters automation and AI based on LSEG and company data. 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