Amyris (AMRS) Misses Q2 EPS by 2c
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Amyris Delivers Another Quarter of Profitable Growth while Executing well on Strategic Agenda
August 6, 2018 4:13 PM EDTQ2 2018 GAAP revenue of $24.8 million, compared with GAAP revenue of $25.7 million for Q2 2017. Second-quarter revenue of $24.8 million compared with the same period in 2017 of $21.7 million when adjusted for the low margin product sales on contracts assigned to DSM. This reflects 15% growth on an absolute basis.Q2 2018 GAAP net income attributable to common shareholders of $2.6 million, or $0.05 per basic and $(0.32) per diluted share, compared with a net loss of $10.3 million, or $0.44 per basic and diluted share for Q2 2017.Q2 2018 Adjusted gross margin of $20.9 million, or 84% of revenue, compared to Q2 of 2017 of $8.0 million, or 31%.... More
