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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100