Amyris (Nasdaq: AMRS ) reported earnings on Aug. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Amyris whiffed on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted significantly and GAAP loss per share shrank.
Margins dropped across the board.
Amyris logged revenue of $19.3 million. The eight analysts polled by S&P Capital IQ wanted to see a top line of $36.2 million on the same basis. GAAP reported sales were 40% lower than the prior-year quarter's $32.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.66. The three earnings estimates compiled by S&P Capital IQ predicted -$0.76 per share. GAAP EPS were -$0.81 for Q2 against -$0.95 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was -22.7%, 3,170 basis points worse than the prior-year quarter. Operating margin was -234.1%, 10,030 basis points worse than the prior-year quarter. Net margin was -243.0%, 10,980 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $9.7 million. On the bottom line, the average EPS estimate is -$0.63.
Next year's average estimate for revenue is $76.1 million. The average EPS estimate is -$2.92.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 63 members out of 72 rating the stock outperform, and nine members rating it underperform. Among 10 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give Amyris a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Amyris is hold, with an average price target of $5.00.
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