Dyadic International Q4 EPS $(0.08) Misses $(0.06) Estimate, Sales $686.53K Miss $800.00K Estimate
Portfolio Pulse from dijoy@benzinga.com
Dyadic International (NASDAQ:DYAI) reported Q4 earnings with EPS of $(0.08), missing estimates by 33.33% and a 14.29% decrease from last year. Sales were $686.53K, missing estimates by 14.18% and a 7.69% decrease from last year.
March 28, 2024 | 8:45 pm
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NEGATIVE IMPACT
Dyadic International reported lower than expected Q4 earnings and sales, missing estimates and showing a year-over-year decrease.
The missed earnings and sales estimates, along with a year-over-year decrease in both metrics, suggest a negative short-term impact on DYAI's stock price. The significant miss in both earnings per share and sales compared to analyst expectations and the previous year's performance indicates potential concerns about the company's profitability and revenue growth, which could lead to decreased investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100