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Bullboard - Stock Discussion Forum Epicore Bionetworks Inc. V.EBN

"Epicore Bionetworks Inc develops, manufactures and markets biotechnology products based on natural microbes and enzymes for the aquaculture, agriculture and municipal industries."

TSXV:EBN - Post Discussion

Epicore Bionetworks Inc. > Another disappointing quarter
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Post by linpaws on Feb 23, 2016 5:52pm

Another disappointing quarter

Any thoughts on the second quarter results? Seems like a new disease has taken further revenues away from Epicore in the Asian market. Would love to see the breakdown of the latin American market and Asian market.
Comment by smallcap87 on Feb 23, 2016 6:54pm
The headline numbers are scary but this quarter was actually pretty good. Management is navigating through a ton of headwinds and still eeking out stable revenue. Q2 last year was the second highest on record when shrimp prices were still really high and the $USD was relatively low. To be coming down only 9% is an achievement in my eyes. Latin America was flat year over year (you can see the ...more  
Comment by linpaws on Feb 24, 2016 11:30am
Thanks for the post. Will be interesting to see how they do in the next quarter which is traditionally their strongest. Considering that there two active disease, I can see shrimp prices going up from here due to a shortage in South East Asia.