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

Codexis

05/05/2022 23:35

* Codexis Inc  CDXS.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 19 cents per share.
    * Revenue rose 96% to $35.34 million from a year ago; 
analysts
expected $28.58 million. 
    * Codexis Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 19.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Codexis Inc shares had fallen by 37.8% this quarter and
lost 59.0% so far this year.
    * The company reported a quarterly loss of $8.36 million.
    * Wall Street's median 12-month price target for Codexis Inc
is
$36.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 5 at 10:35 p.m.  ​All
figures in US dollars unless otherwise stated