Solazyme Reports Second Quarter 2015 Results

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Go back to Solazyme Reports Second Quarter 2015 Results

Cowen Cuts Price Target on Solazyme (SZYM) Following Earnings Results

July 31, 2015 7:56 AM EDT

Cowen maintained a Market Perform rating on Solazyme (NASDAQ: SZYM), and cut the price target to $3.25 (from $4.00), following its earnings results. Solazyme reported $11.7mn in revenue for the quarter, missing consensus estimates of and $14.3mn. Adjusted EPS was ($0.40) versus consensus estimate of ($0.37).

Analyst... More

Solazyme (SZYM) Misses Q2 EPS by 4c

July 30, 2015 4:22 PM EDT

Solazyme (NASDAQ: SZYM) reported Q2 EPS of ($0.40), $0.04 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $11.7 million versus the consensus estimate of $14.34 million.

We are making good progress against our core deliverables, the commercialization of high value products across... More