Dyadic International Q2 EPS $(0.07) Misses $(0.05) Estimate, Sales $837.16K Miss $1.30M Estimate
Portfolio Pulse from vinayak@benzinga.com
Dyadic International (NASDAQ:DYAI) reported Q2 losses of $(0.07) per share, missing the analyst consensus estimate of $(0.05) by 40%. The company also reported quarterly sales of $837.16K, missing the analyst consensus estimate of $1.30M by 35.60%. However, these figures represent an increase over the same period last year.
August 09, 2023 | 8:21 pm
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NEGATIVE IMPACT
Dyadic International's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
Dyadic International's Q2 earnings and sales fell short of analyst estimates. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100