NYSE$DNMRQ

Danimer Scientific Inc. · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

DNMRQ Q1 2024 — $3.2M revenue

Forward-looking statements may relate to, among other things, the impact on our business, operations and financial results of the ongoing conflicts in Ukraine and the Middle East (each of which, among. Danimer Scientific Inc. reported Q1 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $3.2M.
  • Operating income: $19K.
  • Filed on Form 10-Q (accession 0000950170-24-054709).

Headline financials

Total Revenue

$10.2M

Previous: $11.9M-14.3%
EPS (adj)

-$0.26

Previous: -$0.36+27.8%
Capital Expenditures

-$1.97M

Previous: $16.4M-112.0%
Net Income

-$27.3M

Previous: -$36.6M+25.6%
Operating Income

-$18.5M

Previous: -$32.2M+42.5%
Gross Profit

-$8.7M

Previous: -$6.28M-38.4%
R&D Expense

$3.31M

No prior period
Stock-Based Comp

$574K

Previous: $14.1M-95.9%

Revenue & EPS history

Danimer Scientific · Revenue · Quarterly

$10.2M

Q1 2024-14.3%vs Q1 2023
Beat estimate in 3 of 15 quarters(20%)
ActualEstimate

Revenue by segment

Danimer Scientific · $10.9M total across 2 segments · Q3 2023

  • Products
    $10.5M
  • Services
    $494K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+1.1%

Avg return

Earnings day

+2.4%

Avg return

5 days after

-19.1%

Avg return

30 days after

58%

11 / 19 earnings

Positive

+26.3%

Q1 2023

Best reaction

-29.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2024+0.0%+0.0%+0.0%
Q3 2024-29.0%-36.3%-69.3%
Q2 2024-0.9%-7.1%-27.9%
Q1 2024-3.7%-1.9%-28.2%
Q4 2023+2.0%-10.7%-38.0%
Q3 2023+2.0%-2.8%-16.7%
Q2 2023-6.4%-14.2%-24.4%
Q1 2023+26.3%+27.0%+3.1%
Q4 2022+9.3%+28.2%+17.1%
Q3 2022+3.7%+23.2%-14.9%
Q2 2022+4.3%+21.3%-11.2%
Q1 2022-3.6%
Q4 2021+21.1%
Q3 2021-18.0%
Q2 2021-2.9%
Q1 2021+12.0%
Q4 2020+2.5%
Q2 2020+2.5%
Q3 2020+0.3%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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