Yield10 Bioscience, Inc. ($YTEN) 3Q20 Earnings Preview

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Yield10 Bioscience, Inc. (NASDAQ:YTEN) is expected to report third quarter earnings results, after market close, on Thursday 12th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.94 per share.

Looking ahead, the full year loss are expected at $ 4.71 per share on the revenues of $ 0.92 million.

Previous Quarter Performance

Yield10 Bioscience, Inc. announced loss for the second quarter of $ 0.75 per share, from the revenue of $ 0.22 million. Wall street analysts are predicting, YTEN to report 2Q20 loss of $ 1.30 per share from revenue of $ 0.18 million. The bottom line results beat street analysts by $ 0.55 or 42.31 percent, at the same time, top line results outshined analysts by $ 0.04 million or 22.22 percent.

Stock Performance

Shares of Yield10 Bioscience, Inc. traded low $ -0.20 or -3.28 percent on Wednesday, reaching $ 5.90 with volume of 10.90 thousand shares. Yield10 Bioscience, Inc. has traded high as $ 6.05 and has cracked $ 5.87 on the downward trend

The closing price of $ 5.90, representing a 74.29 % increase from the 52 week low of $ 3.50 and a 58.48 % decrease over the 52 week high of $ 14.69.

The company has a market capital of $ 19.67 million and is part of the Basic Materials sector and Specialty Chemicals industry.

Conference Call

Yield10 Bioscience, Inc. will be hosting a conference call at 4:30 PM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-877-709-8150 or +1-201-689-8354 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.yield10bio.com

Yield10 Bioscience, Inc., an agricultural bioscience company, engages in developing disruptive technologies for step-changing improvements in crop yield in the United States and Canada. The company, through its Trait Factory, is involved in developing high value seed traits for the agriculture and food industries. It also has an oilseed development center in Saskatchewan, Canada.