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DNA — Ginkgo Bioworks Holdings News Story

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Ginkgo Bioworks Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Ginkgo Bioworks Holdings Inc DNA.N reported a quarterly adjusted loss of $1.10​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-2.80.  The mean expectation of three analysts for the quarter was for a loss of $1.57 per share. Wall Street expected results to range from $-1.77 to $-1.44 per share.

Revenue fell 11.7% to $49.60 million from a year ago; analysts expected $41.61 million.

Ginkgo Bioworks Holdings Inc's reported EPS for the quarter was a loss of $1.10​.

The company reported a quarterly loss of $60.3 million.

Ginkgo Bioworks Holdings Inc shares had risen by 24.1% this quarter and gained 42.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 5.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "sell" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is  "buy."

Wall Street's median 12-month price target for Ginkgo Bioworks Holdings Inc is $8.00, about 68.3% below its last closing price of $13.46

This summary was machine generated from LSEG data August 8 at 04:53 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-1.57-1.10Beat
Mar. 31 2025-1.77-1.68Beat
Dec. 31 2024-1.77-2.00Missed
Sep. 30 2024-2.73-0.94Beat

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