Danimer Scientific (DNMR) Tops Q1 EPS by 3c

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Go back to Danimer Scientific (DNMR) Tops Q1 EPS by 3c

Danimer Scientific Announces First Quarter 2022 Results

May 10, 2022 4:05 PM EDT

BAINBRIDGE, Ga.--(BUSINESS WIRE)-- Danimer Scientific, Inc. (NYSE: DNMR) (Danimer or the Company), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today its financial results for the first quarter ended March 31, 2022.

Stephen E. Croskrey, Chairman and Chief Executive Officer of Danimer commented, During the first quarter we progressed further on our journey to deliver leading biodegradable packaging solutions for a variety of in-demand customer applications. PHA revenues nearly doubled year-over-year, driving total revenues up 12% to $14.7 million. We were also able to continue negotiating various development and... More