Danimer Scientific (NYSE:DNMR) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Danimer Scientific missed estimated earnings by 5.88%, reporting an EPS of $-0.36 versus an estimate of $-0.34.
Revenue was down $2.82 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 5.36% increase in the share price the next day.
Here’s a look at Danimer Scientific’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.29 | -0.17 | -0.24 | -0.29 |
| EPS Actual | -0.28 | -0.30 | -0.30 | -0.26 |
| Revenue Estimate | 16.43M | 12.52M | 15.36M | 22.18M |
| Revenue Actual | 15.32M | 10.45M | 12.70M | 14.74M |
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.
