DYAI reports a GAAP EPS loss of $0.06 and $0.96M revenue, both below analyst expectations for the quarter.
Dyadic International posted a second-quarter GAAP loss per share of $0.06, missing estimates by $0.03. Revenue fell 1.0% year-over-year to $0.96M, short of projections by $0.67M.
The company’s research and development expenses dropped 47.2% to $332,621 for the quarter ended June 30, 2026, compared to $629,379 in the same period last year. Analysts had anticipated stronger performance amid ongoing cost-cutting efforts.
Shares may face pressure as the results highlight weaker-than-expected top-line growth despite reduced spending.