Welcome to our dedicated page for Danimer Scientific news (Ticker: $DNMR), a resource for investors and traders seeking the latest updates and insights on Danimer Scientific stock.
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Rhea-AI Summary
Danimer Scientific, Inc. (NYSE: DNMR) received a notice from the New York Stock Exchange that it is not currently in compliance with the NYSE’s continued listing standard requiring a minimum average closing price of $1.00 per share over a 30-day period. The Company intends to cure the stock price deficiency and return to compliance within a six-month period. The receipt of the Notice does not affect the Company’s business, operations, or reporting requirements with the Securities and Exchange Commission.
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End-of-Day
-0.76%
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Danimer Scientific, Inc. (NYSE: DNMR) appoints Dr. David Moody and Mr. Richard Altice to its Board of Directors. Dr. Moody brings over 30 years of experience in chemical and polymer-related businesses, while Mr. Altice has extensive experience in specialty chemicals and biopolymer industries. The Company aims to leverage their expertise to accelerate the growth of its proprietary biobased and biodegradable polymer, Nodax®.
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End-of-Day
0.99%
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Danimer Scientific, Inc. (NYSE: DNMR) announced a 58% growth in PHA-Based Product Revenue compared to the prior year, as well as bid awards issued for Nodax-Based Cutlery. However, the reduced guidance reflects changes in customer launches and timing of first shipments.
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End-of-Day
-9.64%
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Danimer Scientific, Inc. (NYSE: DNMR) will release its third quarter 2023 financial results on November 14, 2023, followed by a webcast and conference call to review the results and recent events.
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End-of-Day
1.22%
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Danimer Scientific announces the commercialization of home compostable retail packaging for vegetables and fruit in partnership with BIOLO and Bolthouse Farms.
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End-of-Day
-3.01%
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Danimer Scientific expands collaboration with Chevron Phillips Chemical to explore high-volume polymer applications using Rinnovo™ materials.
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-1.08%
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Danimer Scientific's subsidiary, Meredian Bioplastics, has been invited by the U.S. Department of Energy's Loan Programs Office into the due diligence and term sheet negotiation process for a loan guarantee. This could assist in funding the company's capacity expansion efforts to bring more biodegradable materials to the market.
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End-of-Day
-6.8%
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Danimer Scientific, Inc. (NYSE: DNMR) announced its financial results for the second quarter of 2023. The company also announced the acceptance of its Part II Application by the U.S. Department of Energy (DOE) under the Title XVII Loan Guarantee. If successful, this could lead to funding for the construction of its manufacturing facility in Georgia. Revenues for the second quarter grew to $12.9 million, driven by stronger sales of PHA-based resins. Gross profit was $(6.6) million, and net loss was $(39.2) million. The company reported a total debt balance of $377.8 million.
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Rhea-AI Sentiment
End-of-Day
-6.8%
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Danimer Scientific, Inc. will release its second quarter 2023 financial results on August 8, 2023. A webcast and conference call will be held to review the results and discuss recent events.
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Rhea-AI Sentiment
End-of-Day
2.55%
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Rhea-AI Summary
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Rhea-AI Sentiment
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2.16%
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Danimer Scientific, Inc.
NYSE:DNMR
DNMR Rankings
DNMR Stock Data
88.23M
91.59M
7.25%
31.04%
18.27%
Plastics Material and Resin Manufacturing
Manufacturing
United States of America
BAINBRIDGE
About DNMR
danimer scientific, producer of biopolymers in bainbridge, ga – manufactures pha bioplastics from renewable, natural resources. danimer plastics are 100% biodegradable and compostable, and equal or exceed petroleum-based plastic commodities for price and performance. danimer, formerly mhg (meredian holdings group), along with agrocrush, create bioplastic feedstock from cold pressed canola oil, enabling global brand owners to utilize environmentally responsible materials in products that consumers purchase every day. danimer makes commercial grade pha using world-class production systems, offering a scalable, durable, and cost effective material that reduces manufacturing dependence on non-renewable, diminishing resources. danimer also offers specialty toll manufacturing at their facility. danimer provides their state of the art production equipment, laboratories, material handling and logistics, as well as their fully trained and experienced staff to other companies.. danimer uses the