Senomyx, Inc. (SNMX) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS
Senomyx, Inc. (NASDAQ:SNMX) posted its quarterly earnings results on Thursday. The specialty chemicals company reported ($0.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.02, Bloomberg Earnings reports. The business had revenue of $5.06 million for the quarter. Senomyx had a negative return on equity of 88.52% and a negative net margin of 65.11%.
Senomyx (NASDAQ:SNMX) traded up $0.03 during mid-day trading on Friday, hitting $0.90. The company had a trading volume of 89,243 shares, compared to its average volume of 172,761.
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Senomyx Company Profile
Senomyx, Inc is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries. The Company operates through development and commercialization of flavor ingredients segment. It is engaged in the discovery, development and/or commercialization of flavor ingredients through over five programs.
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