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AquaBounty Technologies (AQB) Company Overview

Profile

Full Name:

AquaBounty Technologies, Inc.

Industry:

Farm Products

Country:

United States

IPO:

January 11, 2017

Indexes:

Not included

Description:

AquaBounty Technologies is a biotechnology company that focuses on improving fish farming. They develop genetically modified salmon that grow faster than regular salmon. This helps meet the demand for seafood while reducing environmental impact. Their goal is to provide sustainable and efficient solutions for aquaculture.

Events Calendar

Earnings

Next earnings date:

Apr 1, 2025

Recent quarterly earnings:

Nov 5, 2024

Recent annual earnings:

Apr 1, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Oct 16, 2023

Analyst ratings

Recent major analysts updates

May 16, 24 HC Wainwright & Co.
Neutral
Apr 2, 24 Oppenheimer
Perform
Nov 8, 23 HC Wainwright & Co.
Neutral
Oct 20, 23 Oppenheimer
Perform
Aug 2, 23 Oppenheimer
Outperform
Aug 2, 23 HC Wainwright & Co.
Buy
Jun 5, 23 HC Wainwright & Co.
Buy
May 5, 23 HC Wainwright & Co.
Buy
Mar 8, 23 HC Wainwright & Co.
Buy
Nov 9, 21 HC Wainwright & Co.
Buy

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Institutional Ownership

AquaBounty Announces Plans to Cease Fish Farming Operations
AquaBounty Announces Plans to Cease Fish Farming Operations
AquaBounty Announces Plans to Cease Fish Farming Operations
AQB
newsfilecorp.comDecember 11, 2024

Harvard, Massachusetts--(Newsfile Corp. - December 11, 2024) - The Board of Directors of AquaBounty Technologies, Inc. (NASDAQ: AQB) ("AquaBounty," "we," "our" or the "Company") today announced that the Company will wind down its hatchery operations in Bay Fortune, including a reduction of its workforce and the exit of several senior management members. "AquaBounty will immediately begin to wind down its Bay Fortune operation, its only remaining operating farm, including the culling of all remaining fish and a reduction of substantially all personnel over the course of the next several weeks," stated David Frank, Chief Financial Officer and Interim Chief Executive Officer.

AquaBounty Technologies Announces Third Quarter 2024 Financial Results
AquaBounty Technologies Announces Third Quarter 2024 Financial Results
AquaBounty Technologies Announces Third Quarter 2024 Financial Results
AQB
newsfilecorp.comNovember 5, 2024

Harvard, Massachusetts--(Newsfile Corp. - November 5, 2024) - AquaBounty Technologies, Inc. (NASDAQ: AQB) ("AquaBounty" or the "Company"), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced the Company's financial results for the third quarter and nine months ended September 30, 2024. Third Quarter 2024 Highlights and Recent Developments Net loss in the third quarter of 2024 was down significantly at $3.4 million as compared to $6.1 million in the third quarter of 2023, primarily due to the sale of the Indiana farm.

AquaBounty Technologies Provides Update
AquaBounty Technologies Provides Update
AquaBounty Technologies Provides Update
AQB
newsfilecorp.comSeptember 3, 2024

Harvard, Massachusetts--(Newsfile Corp. - September 3, 2024) - AquaBounty Technologies, Inc. (NASDAQ: AQB) ("AquaBounty" or the "Company"), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced an update on the Company's fundraising efforts. As previously announced, AquaBounty has been exploring a wide range of funding and strategic alternatives to strengthen its balance sheet and increase its cash position.

AquaBounty Technologies Announces Second Quarter 2024 Financial Results
AquaBounty Technologies Announces Second Quarter 2024 Financial Results
AquaBounty Technologies Announces Second Quarter 2024 Financial Results
AQB
newsfilecorp.comAugust 6, 2024

Harvard, Massachusetts--(Newsfile Corp. - August 6, 2024) - AquaBounty Technologies, Inc. (NASDAQ: AQB) ("AquaBounty" or the "Company"), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced the Company's financial results for the second quarter and six months ended June 30, 2024. Second Quarter 2024 Highlights and Recent Developments Net loss in the second quarter of 2024 was up significantly at $50.5 million as compared to $6.5 million in the second quarter of 2023.

David F. Melbourne Jr. Promoted to Chief Executive Officer of AquaBounty; Sylvia Wulf to Continue as Non-Executive Board Chair
David F. Melbourne Jr. Promoted to Chief Executive Officer of AquaBounty; Sylvia Wulf to Continue as Non-Executive Board Chair
David F. Melbourne Jr. Promoted to Chief Executive Officer of AquaBounty; Sylvia Wulf to Continue as Non-Executive Board Chair
AQB
newsfilecorp.comJune 7, 2024

Harvard, Massachusetts--(Newsfile Corp. - June 7, 2024) - The Board of Directors of AquaBounty Technologies, Inc. (NASDAQ: AQB) ("AquaBounty" or the "Company"), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced that David F. Melbourne Jr. has been promoted to the position of President and Chief Executive Officer.

AquaBounty Technologies, Inc. (AQB) Reports Q1 Loss, Misses Revenue Estimates
AquaBounty Technologies, Inc. (AQB) Reports Q1 Loss, Misses Revenue Estimates
AquaBounty Technologies, Inc. (AQB) Reports Q1 Loss, Misses Revenue Estimates
AQB
Zacks Investment ResearchMay 15, 2024

AquaBounty Technologies, Inc. (AQB) reported a quarterly loss of $1.53 per share, which was higher than the expected loss of $1.42 per share according to the Zacks Consensus Estimate. This is an improvement from the loss of $1.80 per share reported in the same quarter last year.

FAQ

  • What is the ticker symbol for AquaBounty Technologies?
  • Does AquaBounty Technologies pay dividends?
  • What sector is AquaBounty Technologies in?
  • What industry is AquaBounty Technologies in?
  • What country is AquaBounty Technologies based in?
  • When did AquaBounty Technologies go public?
  • Is AquaBounty Technologies in the S&P 500?
  • Is AquaBounty Technologies in the NASDAQ 100?
  • Is AquaBounty Technologies in the Dow Jones?
  • When was AquaBounty Technologies's last earnings report?
  • When does AquaBounty Technologies report earnings?
  • Should I buy AquaBounty Technologies stock now?

What is the ticker symbol for AquaBounty Technologies?

The ticker symbol for AquaBounty Technologies is NASDAQ:AQB

Does AquaBounty Technologies pay dividends?

No, AquaBounty Technologies does not pay dividends

What sector is AquaBounty Technologies in?

AquaBounty Technologies is in the Consumer Defensive sector

What industry is AquaBounty Technologies in?

AquaBounty Technologies is in the Farm Products industry

What country is AquaBounty Technologies based in?

AquaBounty Technologies is headquartered in United States

When did AquaBounty Technologies go public?

AquaBounty Technologies's initial public offering (IPO) was on January 11, 2017

Is AquaBounty Technologies in the S&P 500?

No, AquaBounty Technologies is not included in the S&P 500 index

Is AquaBounty Technologies in the NASDAQ 100?

No, AquaBounty Technologies is not included in the NASDAQ 100 index

Is AquaBounty Technologies in the Dow Jones?

No, AquaBounty Technologies is not included in the Dow Jones index

When was AquaBounty Technologies's last earnings report?

AquaBounty Technologies's most recent earnings report was on Nov 5, 2024

When does AquaBounty Technologies report earnings?

The next expected earnings date for AquaBounty Technologies is Apr 1, 2025

Should I buy AquaBounty Technologies stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions