Recap: Danimer Scientific Q4 Earnings

DANIMER SCIENTIFIC INC +1.58%

DANIMER SCIENTIFIC INC

DNMR

0.69

+1.58%

Danimer Scientific (NYSE:DNMR) reported its Q4 earnings results on Thursday, March 28, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Danimer Scientific missed estimated earnings by -3.0%, reporting an EPS of $-0.39 versus an estimate of $-0.38.

Revenue was down $4.38 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 10.0% drop in the share price the next day.

Here's a look at Danimer Scientific's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.34 -0.36 -0.34 -0.29
EPS Actual -0.39 -0.38 -0.36 -0.28
Revenue Estimate 14.74M 13.90M 14.39M 16.43M
Revenue Actual 10.95M 12.87M 11.93M 15.32M

To track all earnings releases for Danimer Scientific visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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