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Ginkgo Bioworks to Announce Q3 Results: Narrowing Losses and Declining Revenue Expected

Earnings Whispers · ·by G4L

DNA
DNA Ginkgo Bioworks Holdings Inc
$12.01 -2.91%
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  1. 1Ginkgo Bioworks will announce its third-quarter results after the market closes on November 5.
  2. 2Consensus estimates expect Ginkgo Bioworks to report a Q3 loss of $0.58 per share and revenue of $20.5 million.
  3. 3This represents a 60% improvement from the $1.45 loss in the same period last year and a 47% decline from $38.8 million in revenue.

So what's the key point?

Ginkgo Bioworks is scheduled to release its third-quarter earnings. According to expert forecasts, losses are expected to decrease to $0.58, while revenue is expected to fall to $20.5 million.

Source Earnings Whispers · View original ↗

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