Recap: Danimer Scientific Q1 Earnings

Danimer Scientific DNMR reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.

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

Danimer Scientific missed estimated earnings by 5.88%, reporting an EPS of $-0.36 versus an estimate of $-0.34.

Revenue was down $2.82 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 5.36% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.29	-0.17	-0.24	-0.29
EPS Actual	-0.28	-0.30	-0.30	-0.26
Revenue Estimate	16.43M	12.52M	15.36M	22.18M
Revenue Actual	15.32M	10.45M	12.70M	14.74M

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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