Ginkgo Bioworks Holdings: Q1 Earnings Insights

Ginkgo Bioworks Holdings DNA reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.

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

Ginkgo Bioworks Holdings missed estimated earnings by 22.22%, reporting an EPS of $-0.11 versus an estimate of $-0.09.

Revenue was down $87.70 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 0.0% increase in the share price the next day.

Here's a look at Ginkgo Bioworks Holdings's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.21	-0.30	-0.04
EPS Actual	-0.10	-0.41	-0.41	-0.38
Revenue Estimate	88.66M	60.36M	43.64M	105.68M
Revenue Actual	98.28M	66.40M	144.62M	168.41M

To track all earnings releases for Ginkgo Bioworks Holdings visit their earnings calendar here.

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

Earnings Calendar