Danimer Scientific Reports Higher 2Q Revenues, Shares Up
Shares of bioplastics company Danimer Scientific Inc. are trading higher in Monday's after-hours market, following the release of second-quarter financial results showing higher revenue and the company…
From the Equity Insider archive. This article dates from Aug 17, 2021 and is preserved as first published.
Shares of bioplastics company Danimer Scientific Inc. are trading higher in Monday’s after-hours market, following the release of second-quarter financial results showing higher revenue and the company swinging to a gain in the period.
At 5:42 p.m. ET, the company’s shares were trading 10.7% higher at $14.69 a share. Volume at the time topped 77,000 shares.
The stock finished the day’s regular-trading session with a 14.22% loss, closing at $13.27 a share.
After the bell Monday, Danimer reported second-quarter earnings per share of 39 cents on revenue of $14.4 million, In the year-ago period, the company reported a loss per share of 6 cents on revenue of $11.8 million.
