AMRS - AmyrisEPS of -$0.46 revenue of $75.8M misses by $28.3M

2023-03-15 16:15:14 ET

• Amyris press release ( NASDAQ: AMRS ): Q4 EPS of -$0.46 may not be comparable to consensus of -$0.03.
• Revenue of $75.8M (+17.0% Y/Y) misses by $28.3M .
• Fourth quarter Consumer revenue of $52.8 million increased 64% over the prior year and was another record quarter.
• Q1 and 2023 Financial Outlook
• Total revenue (Core revenue plus strategic transaction) is expected to grow 95-100% for full year 2023 compared to 2022.
• Core revenue (Consumer plus Technology Access revenue) is expected to follow approximate quarterly phasing of 15% of full year Core revenue expected in Q1, 25% expected in Q2, 27% expected in Q3, and 33% expected in Q4.
• Capital expenditure is estimated at $55 million, 50% lower than 2022. No M&A activities are contemplated.

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