Dyadic International Q2 2024 GAAP EPS $(0.07), Inline, Sales $385.896K Miss $1.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dyadic International (NASDAQ:DYAI) reported Q2 2024 GAAP EPS of $(0.07), meeting analyst estimates, but missed sales expectations with $385.896K, a 53.90% decrease from the same period last year.
August 13, 2024 | 8:29 pm
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Dyadic International reported Q2 2024 GAAP EPS of $(0.07), meeting analyst estimates, but significantly missed sales expectations with $385.896K, a 53.90% decrease from the same period last year.
While Dyadic International met EPS expectations, the significant miss in sales and the large year-over-year decline in revenue are likely to negatively impact investor sentiment and the stock price in the short term.
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