Yield10 Bioscience Announces Fourth Quarter and Full Year 2019 Financial Results
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Yield10 Bioscience, Inc. (YTEN) Misses Q4 EPS by $8.05, Revenues Miss
March 19, 2020 4:13 PM EDTYield10 Bioscience, Inc. (NASDAQ: YTEN) reported Q4 EPS of ($12.05), $8.05 worse than the analyst estimate of ($4.00). Revenue for the quarter came in at $140 thousand versus the consensus estimate of $200 thousand.
"In 2019 we consistently met our milestones as we brought forward new crop traits in development, generated proof points, and expanded testing of our traits into additional crops," said Oliver Peoples, Ph.D., president and chief executive officer of Yield10 Bioscience. "In 2020 we expect to advance our traits to achieve additional development milestones, continue to build relationships with major agricultural companies, and further demonstrate the... More
