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Recap: Codexis Q4 Earnings

Author: Benzinga Insights | February 28, 2024 05:35pm

Codexis (NASDAQ:CDXS) reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Codexis beat estimated earnings by 17.0%, reporting an EPS of $-0.1 versus an estimate of $-0.12.

Revenue was down $3.81 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 7.000000000000001% increase in the share price the next day.

Here's a look at Codexis's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.32 -0.23 -0.31 -0.23
EPS Actual -0.26 -0.17 -0.34 -0.19
Revenue Estimate 10.03M 18.09M 14.09M 28.92M
Revenue Actual 9.28M 21.32M 12.98M 30.38M

To track all earnings releases for Codexis visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: CDXS

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