| Diversa Corporation (Nasdaq: DVSA - news) today reported revenues of $5.6 million for the quarter ended September 30, 2000, a 40% increase over third quarter 1999 revenues, and $15.4 million for the nine months ended September 30, 2000, a 138% increase over revenues for the same period in 1999. The net loss was $1.4 million, or $0.04 per share, in the third quarter of 2000, compared to a net loss of $84 thousand in the third quarter of 1999. Net loss for the nine months ended September 30, 2000 was $8.0 million, or $0.24 per share on a pro forma basis, compared to a net loss of $7.0 million, or $0.28 per share on a pro forma basis, for the same period in 1999. The reported losses for 2000 include non-cash, stock-based compensation charges of $1.6 million and $9.0 million for the quarter and year to date, respectively. |
