AquaBounty Witnesses Strong Demand as Salmon Sells Out in Q3
Land-based salmon farmer AquaBounty Technologies sold all of the fish it could produce in the third quarter with CEO Sylvia Wulf saying the company witnessed strong demand for its products.
During the quarter, the company generated $653,000 in product revenue in the third quarter, a year-over-year increase of 44% as compared to $455,000 in the third quarter of 2021. Meanwhile, net loss in the third quarter totaled $5.4 million, as compared to $6.9 million in the third quarter of 2021...
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