Amyris sees consumer revenue growing 150% this year

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• Amyris (NASDAQ:AMRS) is expecting a very bullish 2022, so much so that its newly issued financial guidance calls for a 150% increase in consumer revenue year over year.
• The company made the announcement as part of its Q4 2021 results Tuesday morning, in which it beat on the top line but missed on the bottom line.
• In the quarter, Amyris (AMRS) swung to a net gain of ~$36.8M from a net loss of ~$109.3M in the prior-year period.
• Revenue, however, declined ~19% year over year to ~$64.8M.
• Total costs and operating expenses increased 134% to $193.6M.
• Amyris ended the year with $483M in cash.
• Read why Seeking Alpha contributor In the Ruff Research calls Amyris (AMRS) a strong buy.

Comments

[Sound Investor]

This is par for the course for Amyris. Report a lousy quarter but promise bagholders (oops, I mean shareholders) that there will be jam tomorrow

[Duke of AZ]

@Sound Investor the Hugh drop in the stock recently offered a buying opportunity. Buy the dip.

[bazooooka]

@Duke of AZ buying now?