EMERYVILLE, Calif., Nov. 30,
2022 /PRNewswire/ -- Amyris, Inc. (Nasdaq: AMRS), a
leading synthetic biotechnology company accelerating the world's
transition to sustainable consumption through its
Lab-to-MarketTM technology platform today announced
continued year-over-year growth on Cyber Monday, November 28, 2022.
Amyris consumer brands saw 80% year-over-year growth in its
direct-to-consumer (DTC) channel during this year's Cyber Monday
shopping event. The growth is based on a like-for-like (LFL)
comparison and reflects brands that were actively selling to
consumers at the same time last year. Cyber Monday's sales
performance was a continuation of the strong momentum seen during
Black Friday week which was communicated earlier this week on
November 28. The newer Amyris brands
also delivered strong Cyber Monday sales performance.
"We are very pleased with the continued strong momentum across
our consumer brands and the rest of our business during the current
quarter," commented John Melo,
President and Chief Executive Officer. "Our "Fit to Win" agenda
along with our strategic transaction and portfolio actions remain
on track."
About Amyris
Amyris (Nasdaq: AMRS) is a leading
synthetic biotechnology company, transitioning the Clean Health
& Beauty and Flavors & Fragrances markets to sustainable
ingredients through fermentation and the company's proprietary
Lab-to-MarketTM technology platform. This Amyris
platform leverages state-of-the-art machine learning, robotics and
artificial intelligence, enabling the company to rapidly bring new
innovation to market at commercial scale. Amyris ingredients are
included in over 20,000 products from the world's top brands,
reaching more than 300 million consumers. Amyris also owns and
operates a family of consumer brands that is constantly evolving to
meet the growing demand for sustainable, effective and accessible
products. For more information, please visit
http://www.amyris.com.
Amyris, the Amyris logo, and Lab-to-Market are trademarks or
registered trademarks of Amyris, Inc. or its subsidiaries in the
U.S. and/or other countries.
Forward-Looking Statements
This release contains
forward-looking statements, and any statements other than
statements of historical fact could be deemed to be forward-looking
statements. These forward-looking statements include, among other
things, statements regarding future events, such as Amyris'
consumer sales and product revenue on Cyber Monday and the fourth
quarter overall, and Amyris' expectations regarding its "Fit to
Win" initiatives, its strategic transaction and portfolio actions,
and its financial performance for the remainder of 2022. These
statements are based on management's current expectations and
actual results and future events may differ materially due to risks
and uncertainties, including risks related to Amyris' liquidity and
ability to fund operating and capital expenses, risks related to
its financing activities, risks related to potential delays or
failures in completing and integrating planned acquisitions, risks
related to potential delays or failures in development, regulatory
approval, launch, production and commercialization of products,
risks related to global inflation and policy measures undertaken to
address inflation, the COVID-19 pandemic and any other geopolitical
events, including Russia's invasion of Ukraine,
resulting in global economic, financial and supply chain
disruptions that may negatively impact Amyris' business operations
and financial results or cause market volatility, risks related to
Amyris' reliance on third parties particularly in the supply chain,
and other risks detailed from time to time in filings Amyris makes
with the Securities and Exchange Commission, including Annual
Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K. Amyris disclaims any obligation to update
information contained in these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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SOURCE Amyris, Inc.