Danimer Scientific

Danimer Scientific, Inc. operates as a next generation bioplastics company. It focuses on the development and production of biodegradable materials. The firm sells its products under the brand name Nodax. Its applications for biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles. The company was founded on January 13, 2014 and is headquartered in Bainbridge, GA.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Danimer Scientific secures $130M loan, eyes profitability amid challenges

Danimer Scientific's Q4 2022 earnings call highlighted revenue figures, adjusted EBITDA losses, and strategic plans for profitability in 2023.
The company's strengths lie in its strong executive team, sustainability focus, key partnerships, and successful financing initiatives.
Challenges include cost estimates for projects, achieving profitability, managing off-take agreements, and balancing financial needs with shareholder interests.
Opportunities exist in the growing demand for sustainable materials, global brand partnerships, revenue growth, and market disruption for Danimer.

Danimer Scientific reports mixed Q1 results, eyes growth opportunities

Danimer Scientific's Q1 2023 performance showed mixed results with revenue decline but improved EBITDA loss and increased liquidity. The company's strengths lie in cost control, new commercial opportunities, and partnerships. Challenges include fluctuating canola prices and interest expenses, while opportunities include growth in PHA-based materials and positive business momentum.

Danimer Scientific reports revenue growth amidst challenges, eyes sustainability opportunities

Danimer Scientific's Q2 performance reflected revenue growth driven by PHA-based resin sales, despite facing a gross loss due to higher expenses.
The company's emphasis on innovation, sustainability, and government support positions them well in the market, despite financial challenges and geopolitical risks.
Opportunities in new product development, market expansion, and operational growth present avenues for Danimer to enhance its competitive position and drive future success.

Danimer Scientific reports Q3 revenue growth amidst sustainability focus

Danimer Scientific's Q3 performance showed revenue growth driven by PHA-based resin sales, despite challenges in managing costs.
The company's strategic strengths lie in securing significant awards and its commitment to sustainability initiatives.
While facing financial challenges, Danimer has opportunities for growth through upcoming funding and market demand for eco-friendly solutions.

Danimer Scientific reports Q4 losses but highlights industry successes

Danimer Scientific faces challenges with delays in commercial launches and financial losses in Q4 2023. However, the company's strengths lie in its successes in biodegradable plastics, partnerships with key players, and progress in plant completion and market expansion. Opportunities for growth exist in product development, partnerships, and market prospects.

Danimer Scientific reports robust Q1 performance amidst revenue challenges

Danimer Scientific's Q1 performance reflects strong growth in PHA revenues and promising commercial partnerships.
While facing short-term challenges from revenue headwinds, the company's operational improvements and financial support position it well for future opportunities.
Managing liquidity and focusing on customer demand forecasts will be key in navigating the path towards profitability and sustainable growth.

Danimer Scientific reports Q3 revenue challenges but strengthens sustainability focus

Danimer Scientific's Q3 performance reflects a mixed financial picture with revenue challenges but improved EBITDA losses and strong liquidity focus.
The company's strengths lie in its sustainability focus, commercial partnerships, and leadership's confidence in future growth prospects.
While facing debt and revenue challenges, Danimer Scientific has opportunities to enhance financial flexibility, capitalize on market demand for sustainable solutions, and expand its commercial reach.

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Danimer's price to trailing 12-month earnings multiple at 5.83x is significantly above its peer group median of 1.09x. The company's liquidity position has been bolstered by more debt and forms a cash runway of around six quarters against free cash outflow for its fiscal 2023 first quarter. Bulls are hoping that the environmental benefits of Nodax PHA become more widely recognized to help the company secure more commercial partnerships.

Danimer Scientific: Falling Revenues, Negative Gross Margins, And The Biodegradable Plastics Dream

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 highly engineered biodegradable materials, announced today that it will be participating in the TD Cowen Sustainability Week Conference. TD Cowen's Sustainability Week is a virtual event taking place June 6 - 9, 2023. The conference incorporates company presentations, fireside chats and panels, prominent.

Danimer Scientific to Present at TD Cowen Sustainability Week Conference

Danimer Scientific, Inc. (NYSE:DNMR ) Q1 2023 Earnings Conference Call May 10, 2023 5:00 PM ET Company Participants James Palczynski - IR Stephen Croskrey - CEO & Chairman Michael Hajost - CFO Conference Call Participants Kevin Estok - Jefferies Thomas Boyes - TD Cowen Jonathan Tanwanteng - CJS Securities Charles Neivert - Piper Sandler & Co. Operator Greetings. Welcome to the Danimer Scientific 2023 First Quarter Earnings Call.

Danimer Scientific, Inc. (DNMR) Q1 2023 Earnings Call Transcript

Danimer Scientific, Inc. (DNMR) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.26 per share a year ago.

Danimer Scientific, Inc. (DNMR) Reports Q1 Loss, Misses Revenue Estimates

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 highly engineered biodegradable materials, announced today financial results for its first quarter, ended March 31, 2023. Stephen E. Croskrey, Chairman and Chief Executive Officer of Danimer, commented, “We completed the first quarter in line with our expectations. Since the close of the quarter, we have.

Danimer Scientific Announces First Quarter 2023 Results

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 that the Company will release its first quarter 2023 financial results after the market closes on Wednesday, May 10, 2023. A webcast and conference call will be held that same day at 5:00 p.m. Eastern time to review the Company's first quarter results, discuss rece.

Danimer Scientific Announces Date for First Quarter 2023 Results

Danimer Scientific, Inc. (DNMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Danimer Scientific, Inc. (DNMR) Q1 Earnings Expected to Decline

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--Danimer Scientific CEO Stephen Croskrey rang the closing bell at the New York Stock Exchange on April 17 to mark the beginning of Earth Week.

Danimer Scientific Rings Closing Bell at New York Stock Exchange to Celebrate Earth Week

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--Danimer Scientific and TotalEnergies Corbion have developed a new compostable coffee pod biopolymer compliant with proposed EU packaging regulations.

Danimer Scientific, TotalEnergies Corbion Announce EU-Compliant Compostable Coffee Pod Biopolymer

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--Danimer Scientific CEO Stephen Croskrey will ring the closing bell at the New York Stock Exchange on Monday (4/17), marking the start of Earth Week.

Danimer Scientific to Ring Closing Bell at New York Stock Exchange April 17 to Launch Earth Week

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The bioplastics company is building scale thanks to a new manufacturing facility. Management is projecting improving margins in 2023.

Why Danimer Scientific Stock Soared This Week

Danimer Scientific, Inc. (NYSE:DNMR ) Q4 2022 Earnings Conference Call March 28, 2023 5:00 PM ET Company Participants James Palczynski - Investor Relations Steve Croskrey - Chairman and Chief Executive Officer Mike Hajost - Chief Financial Officer Conference Call Participants Jon Tanwanteng - CJS Securities Kevin Estok - Jefferies Operator Greetings and welcome to the Danimer Scientific 2022 Fourth Quarter and Full Year Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

Danimer Scientific, Inc. (DNMR) Q4 2022 Earnings Call Transcript

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 fourth quarter and full year, ended December 31, 2022. Stephen E.

Danimer Scientific Announces Fourth Quarter and Full Year 2022 Results

BAINBRIDGE, Ga.--(BUSINESS WIRE)--Danimer Scientific, Inc.

Danimer Scientific Announces Improved Liquidity Position with Closing of $130 Million Senior Secured Term Loan

WINCHESTER, Ky.--(BUSINESS WIRE)---- $DNMR--The State of Kentucky has issued a proclamation honoring Danimer Scientific for “pioneering and innovative work in the biobased products industry.

State of Kentucky Presents Danimer Scientific With Honorary Proclamation on National Biobased Products Day

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $DNMR--Danimer Scientific applauds the City of Jacksonville's launch of a six-month pilot program to provide organics recycling services to restaurants.

Danimer Scientific Applauds Newly Launched Composting Pilot Program in Jacksonville, Florida

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--Danimer Scientific VP Keith Edwards will join other industry leaders at a Sustainable Chemistry roundtable, hosted by the U.S. Department of Energy.

Danimer Scientific VP Keith Edwards to Join Department of Energy-Hosted Sustainable Chemistry Roundtable

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Danimer Scientific, Inc. (NYSE:DNMR ) Q3 2022 Results Conference Call November 8, 2022 5:00 PM ET Company Participants Steve Croskrey - CEO Mike Hajost - CFO Conference Call Participants Jon Tanwanteng - CJS Securities Laurence Alexander - Jefferies Thomas Boyes - Cowen & Company Operator Thank you for standing by. This is the conference operator.

Danimer Scientific, Inc. (DNMR) Q3 2022 Earnings Call Transcript

Danimer Scientific, Inc. (DNMR) delivered earnings and revenue surprises of -25% and 25.37%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Danimer Scientific Stock (DNMR)