Danimer Scientific Q2 EPS $(0.38) Misses $(0.36) Estimate, Sales $12.87M Miss $13.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Danimer Scientific (NYSE:DNMR) reported Q2 losses of $(0.38) per share, missing the analyst consensus estimate of $(0.36) by 5.56%. This is a 26.67% decrease from the same period last year. The company also reported quarterly sales of $12.87 million, missing the analyst consensus estimate of $13.90 million by 7.45%. This is a 1.28% increase from the same period last year.
August 08, 2023 | 9:04 pm
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Danimer Scientific's Q2 earnings missed estimates, with a larger loss per share and lower sales than expected.
Danimer Scientific reported a larger loss per share and lower sales than expected for Q2. This underperformance could negatively impact investor sentiment and the company's stock price in the short term.
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