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Amyris (AMRS +27%) soars after blowing out Q3 estimates late yesterday. Revenue actually fell...

Nov. 07, 2012 11:40 AM ETAmyris, Inc. (AMRSQ) StockTTE, AMRSQBy: David Yelle, SA News Editor
Amyris (AMRS +27%) soars after blowing out Q3 estimates late yesterday. Revenue actually fell 47% Y/Y - largely due to the company's transition out of the ethanol business - but the company still managed to easily beat expectations by $9.7M. Top-line numbers benefited from higher sales of renewable products after it revised its collaboration agreement with Total (TOT -3.7%).

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