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0.0113989637305701 -0.00621761658031075 0.00103626943005179 -0.0207253886010362 -0.0155440414507772 -0.0362694300518134 -0.0362694300518134 -0.038341968911917
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Ginkgo Bioworks Reports Third Quarter 2024 Financial Results [Yahoo! Finance]

Ginkgo Bioworks Holdings, Inc. (DNA) 
Company Research Source: Yahoo! Finance
Ginkgo signs new and expanded deals with Novo Nordisk and achieves a major research milestone with Merck BOSTON Nov. 12, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo"), which is building the leading platform for cell programming and biosecurity, today announced its results for the third quarter ended September 30, 2024 . The update, including a webcast slide presentation with additional details on the third quarter and supplemental financial information will be available at investors.ginkgobioworks.com Third Quarter 2024 Financial Results Third quarter 2024 Total revenue of $89 million , up from $55 million in the comparable prior year period, an increase of 61% driven by $45 million of non-cash revenue from a release of deferred revenue relating to the mutual termination of a customer agreement. Excluding this impact, Total revenue in the quarter was $44 million , a decrease of 21% over the prior year period Excluding the $45 million non-cash defer Show less Read more
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