After the market session ended, LanzaTech Global’s (LNZA) disclosed its fourth quarter earnings report.
Although earnings missed expectations, revenue also under-performed relative to projections.
The firm recorded revenue of $12.03 million for the quarter, with a net loss of $0.14 per share.
Analysts had projected the quarter’s revenue to be $23.56 million, with an expected bottom-line of a $0.13 loss.
This quarter saw a 40 percent decrease in the company’s earnings and a 41.2 percent decline in revenue year-over-year.
