27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Ginkgo Bioworks Holdings (NYSE:DNA) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
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Earnings
Ginkgo Bioworks Holdings missed estimated earnings by 22.22%, reporting an EPS of $-0.11 versus an estimate of $-0.09.
Revenue was down $87.70 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 0.0% increase in the share price the next day.
Here's a look at Ginkgo Bioworks Holdings's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | -0.30 | -0.04 | |
| EPS Actual | -0.10 | -0.41 | -0.41 | -0.38 |
| Revenue Estimate | 88.66M | 60.36M | 43.64M | 105.68M |
| Revenue Actual | 98.28M | 66.40M | 144.62M | 168.41M |
To track all earnings releases for Ginkgo Bioworks Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.