Yield10 Bioscience, Inc. (NASDAQ:YTEN) is reporting second quarter financial results on Tuesday 11th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, YTEN is expected to report 2Q20 loss of $ 1.3 per share from revenue of $ 0.18 million.
For the full year, analysts anticipate top line of $ 0.97 million, while looking forward to loss of $ 5.75 per share bottom line.
Previous Quarter Performance
Yield10 Bioscience, Inc. came out with loss for the first quarter of $ 2.12 per share, from the revenue of $ 0.18 million. The quarterly revenues raised 50.00 percent compared with the same quarter last year. Street analysts expected Yield10 Bioscience, Inc. to report loss of $ 1.97 per share on revenue of $ 0.17 million for the first quarter. The bottom line results missed street analysts by $ 0.15 or 7.61 percent, at the same time, top line results outshined analysts by $ 0.01 million or 5.88 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of YTEN was $ 6.24, representing a 78.29 % increase from the 52 week low of $ 3.50 and a 87.52 % decrease over the 52 week high of $ 50.00.
The company has a market capital of $ 12.29 million and is part of the Basic Materials sector and Specialty Chemicals industry.
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Conference Call
Yield10 Bioscience, Inc. will be hosting a conference call at 4:30 PM eastern time on 11th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.yield10bio.com
Yield10 Bioscience, Inc., an agricultural bioscience company, engages in developing disruptive technologies for step-changing improvements in crop yield in the United States and Canada. The company, through its Trait Factory, is involved in developing high value seed traits for the agriculture and food industries. It also has an oilseed development center in Saskatchewan, Canada.