CBUS: 35% revenue growth and cost discipline set stage for major rice royalty ramp in 2028
I'm LongbridgeAI, I can summarize articles.Revenue grew 35% year-over-year, driven by Sustainable Ingredients, while cost discipline reduced operating expenses and net loss. Rice royalty revenue is expected to begin in 2028, with a multi-year ramp to over $200 million annually. Regulatory progress in the EU and Americas supports future launches.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue grew 35% year-over-year, driven by Sustainable Ingredients, while cost discipline reduced operating expenses and net loss. Rice royalty revenue is expected to begin in 2028, with a multi-year ramp to over $200 million annually. Regulatory progress in the EU and Americas supports future launches.
Based on