Benzinga | May 6, 2021 08:12AM EDT

Amyris Sees FY21 Underlying Total Revenue In $250M Range, Reported Total Revenue ~$400M

Full Year 2021 Outlook

* Underlying total revenue (Product, Collaboration & Grants) expected to be in the $250 million range. Reported total revenue expected to be around $400 million inclusive of strategic transactions.

* Continued growth combined with strategic transactions expected to result in positive full year adjusted EBITDA.

* Debt expected to be below $100 million by year-end. This includes a $50 million convertible to equity (i.e. net $50 million).