Amyris Inc reports results for the quarter ended in March - Earnings Summary

Amyris

09/05/2023 23:42

* Amyris Inc  AMRS.OQ  reported a quarterly adjusted loss
of 53
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 32 cents per share.
    * Revenue fell 2.8% to $56.08 million from a year ago;
analysts
expected $53.04 million. 
    * The mean earnings estimate of analysts had fallen by
about 39.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Amyris Inc shares had fallen by 43.0% this quarter and
lost 49.4% so far this year.
    * The company reported a quarterly loss of $193.34 million.
    * Wall Street's median 12-month price target for Amyris Inc
is
$2.30 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.32          -0.53          Missed
 Dec. 31 2022      -0.27          -0.50          Missed
 Sep. 30 2022      -0.21          -0.50          Missed
 Jun. 30 2022      -0.26          -0.34          Missed