TD Cowen Downgrades Danimer Scientific (DNMR) to Hold

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Danimer Scientific Announces Second Quarter 2024 Results

August 8, 2024 4:01 PM EDT

--Additional Resin Orders to Support 20-Million Pound Cutlery Award --

-- Company Forecasting Annualized PHA Revenues to More Than Triple by End of Q2 2025 --

-- Pro-Rata Warrant Dividend Transaction Provides Balance Sheet Deleveraging Opportunity --

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 financial results for its second quarter ended June 30, 2024.

Stephen E. Croskrey, Chief Executive... More