earnings
confidence high
sentiment neutral
materiality 0.65
Ginkgo Q2 revenue $145M (+231% YoY); guides total revenue to $425-440M
Ginkgo Bioworks Holdings, Inc.
2022-Q2 EPS reported
-$0.78
revenue$313,023,000
- Foundry revenue $44M (+105% YoY); added 13 new Cell Programs in Q2.
- Biosecurity revenue $100M with 36% gross margin; expects at least $260M for FY 2022.
- Adjusted EBITDA improved to -$23M from -$38M YoY; cash balance ~$1.4B.
- Pending acquisitions of Zymergen (all-stock) and Bayer's West Sacramento facility expected to close Q4 2022 / Q1 2023.
- Dr. Kathy Hopinkah Hannan appointed to board of directors.