Danimer Scientific Inc   (DNMR)
Other Ticker:  
Price: $1.2100 $0.14 13.084%
Day's High: $1.23 Week Perf: 22.53 %
Day's Low: $ 1.07 30 Day Perf: 75.97 %
Volume (M): 1,073 52 Wk High: $ 4.59
Volume (M$): $ 1,298 52 Wk Avg: $2.07
Open: $1.07 52 Wk Low: $0.60

 Market Capitalization (Millions $) 123
 Shares Outstanding (Millions) 102
 Employees -
 Revenues (TTM) (Millions $) 51
 Net Income (TTM) (Millions $) -144
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 57

Danimer Scientific Inc
Danimer Scientific Inc is a biotechnology company that specializes in the development and production of biodegradable and compostable products. Their innovative technology allows them to create materials that are both sustainable and environmentally friendly. Their products are used in various industries, including packaging, textiles, and personal care. The company is committed to reducing plastic waste and creating a more sustainable future.

   Company Address: 140 Industrial Boulevard Bainbridge 39817 GA
   Company Phone Number: 243-7075   Stock Exchange / Ticker: NYSE DNMR
   DNMR is expected to report next financial results on March 27, 2024.


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Product Service News

Danimer Scientific Expands Rinnovo Demonstration Plant to Cater to Growing Demand for Sustainable Bioplastics

Published Thu, Feb 22 2024 1:30 PM UTC

In a major breakthrough for the bioplastics industry, Danimer Scientific Inc. (NYSE: DNMR) has recently completed the expansion of its Rinnovo demonstration plant in Rochester, NY. This strategic move is aimed at enhancing the company's capacity to meet the increasing demand for biodegradable materials and better serve its partners in conducting extensive testing of Rinnovo ...

Business Update

Bio-plastic Pioneer, Danimer Scientific Faces NYSE Compliance Hurdle

Published Mon, Jan 29 2024 10:00 PM UTC

In a recent disclosure that may rock the bioplastics industry, Bainbridge, Georgia-based Danimer Scientific Inc. (DNMR), a pioneering player in this sector, affirmed that it has received a notice of non-compliance from the New York Stock Exchange (NYSE). The notice, conveyed on January 23, 2024, illuminates Danimer's failure to adhere to one of NSYE's critical continued list...

Danimer Scientific Inc

Chemicals - Plastics & Rubber Company Faces Deficit of $-0.39 per Share in Q3 2023

Danimer Scientific Inc is a leading next-generation bioplastics company that focuses on the development and production of highly engineered biodegradable materials. The company recently announced its financial results for the third quarter of 2023, which ended on September 30.
During this period, Danimer Scientific Inc experienced a decrease in its shortfall per share compared to the previous year. The company realized a shortfall per share of $-0.39, in contrast to $-0.94 in the same reporting period a year before. This represents a positive change for the company's bottom line.

Danimer Scientific Inc

Danimer Scientific Inc's Second Quarter Earnings Reveal Alarming Deficit Widening Amidst Mounting Challenges in the Chemicals - Plastics & Rubber Industry

Danimer Scientific Inc, a prominent player in the Chemicals - Plastics & Rubber sector, recently released its second-quarter earnings report for 2023. The results indicate a concerning trend, with the company reporting increased losses per share, negative net income, and a decline in inventories. While the revenue showed slight growth compared to the previous year, it is crucial to explore the underlying factors contributing to these results. This bearish article aims to dissect the challenges faced by Danimer Scientific Inc in the second quarter of 2023 and analyze the potential impact on its future performance.
Declining Earnings and Mounting Losses:
A significant concern arising from Danimer Scientific Inc's second-quarter earnings report is the alarming increase in loss per share. Surging from $-0.30 to $-0.38 per share compared to the same period last year, the company experienced a further deterioration from the previous reporting season's loss of $-0.36 per share. This downward trajectory suggests a persistent struggle to generate consistent profitability or adequately address the underlying issues affecting the business.

Danimer Scientific Inc

Danimer Scientific Inc Faces a Drastic Slump in Revenue: Latest Financial Reports Reveal Alarming Decline

Danimer Scientific Inc is a company that specializes in developing and producing biodegradable plastic products. The company's products are marketed towards a range of industries, including packaging, textiles, and medical equipment. Danimer Scientific Inc's products are made from natural materials and are said to be biodegradable, compostable, and environmentally friendly.
Despite the company's eco-friendly focus, Danimer Scientific Inc has had a challenging financial year. According to their financial statements, the company recorded a cumulative net loss of $-190 million during the 12 months ending in the first quarter of 2023, resulting in a negative return on investment (ROI) of -26.18%. This significant loss follows several other years of financial struggle for the company.


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