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Ceres Announces Fiscal Third Quarter 2014 Financial Results

ts of operations and financial position, including anticipated cost savings from the company's plan to align expenditures, are forward-looking statements. You should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond Ceres' control. Factors that could materially affect actual results can be found in Ceres' filings with the U.S. Securities and Exchange Commission. Ceres undertakes no obligation to update publicly, except to the extent required by law, any forward-looking statements for any reason after the date the company issues this press release to conform these statements to actual results or to changes in the company's expectations.

 CERES, INC. AND SUBSIDIARIESCondensed Consolidated Statements of Operations (In thousands, except share and per share amounts)(Unaudited) Three Months Ended
May 31,  Nine Months Ended
May 31, 2014201320142013Revenues:Product sales 

Collaborative research and government grants 

6439661,8353,884Total revenues 

8061,3552,0644,346Cost and operating expenses:Cost of product sales 

5752,1342,4405,114Research and development 


SOURCE Ceres, Inc.
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