09:48 AM EST - EcoSynthetix Inc. : announced its financial results for the three months ended March 31. Financial references are in U.S. dollars unless otherwise indicated. Total revenue for the quarter was $4.0 million, compared to $6.2 million in Q1 2011, a decrease of $2.2 million. The net loss in Q1 2012 was $2.9 million, or $0.05 per common share (basic and fully diluted), compared to a net loss of $56.1 million, or $70.40 per share (basic and fully diluted), for Q1 2011. EcoSynthetix Inc.
shares T.ECO are trading up $0.01 at $4.71.
