Codexis Inc reports results for the quarter ended in June - Earnings Summary

Codexis

03/08/2023 22:53

* Codexis Inc  CDXS.OQ  reported a quarterly adjusted loss
of 17
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for a loss
of 21 cents per share.
    * Revenue fell 44.5% to $21.32 million from a year ago;
analysts
expected $21.08 million. 
    * Codexis Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 16.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Codexis Inc shares had risen by 14.6% this quarter and
lost 31.1% so far this year.
    * The company reported a quarterly loss of $11.52 million.
    * Wall Street's median 12-month price target for Codexis Inc
is
$9.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 09:52 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.21          -0.17          Beat
 Mar. 31 2023      -0.31          -0.34          Missed
 Dec. 31 2022      -0.23          -0.14          Beat
 Sep. 30 2022      -0.19          -0.15          Beat