Codexis (CDXS) Announces Quarterly Results
Codexis (NASDAQ:CDXS) released its earnings data on Wednesday. The company reported ($0.17) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.10) by $0.07, American Banking News.com reports. The company had revenue of $7.10 million for the quarter, compared to the consensus estimate of $10.00 million. During the same quarter in the prior year, the company posted ($0.25) earnings per share. The company’s quarterly revenue was down 38.3% on a year-over-year basis.
Shares of Codexis (NASDAQ:CDXS) traded up 0.66% during mid-day trading on Wednesday, hitting $1.53. The stock had a trading volume of 44,106 shares. Codexis has a one year low of $1.24 and a one year high of $2.89. The stock’s 50-day moving average is $1.85 and its 200-day moving average is $1.70. The company’s market cap is $58.7 million.
Codexis, Inc provides biocatalyst and fermentation processes and products. The Company provides its customers research and development services, biocatalysts and fermentation strains, synthetic and natural products.
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