Recap: Danimer Scientific Q2 Earnings

 

Danimer Scientific DNMR reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Danimer Scientific missed estimated earnings by 25.0%, reporting an EPS of $-0.3 versus an estimate of $-0.24.

Revenue was down $1.77 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 2.54% drop in the share price the next day.

Here's a look at Danimer Scientific's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.29 -0.30 -0.08 -0.07
EPS Actual -0.26 -0.12 0.08 0.37
Revenue Estimate 22.18M 17.87M 14.56M 11.80M
Revenue Actual 14.74M 17.73M 13.37M 14.47M

To track all earnings releases for Danimer Scientific visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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