Codexis: Q2 Earnings Insights

Codexis: Q2 Earnings Insights

Codexis CDXS reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

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

Earnings

Codexis beat estimated earnings by 69.23%, reporting an EPS of $-0.04 versus an estimate of $-0.13.

Revenue was up $12.95 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 0.94% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.19 -0.22 -0.09 -0.17
EPS Actual -0.13 -0.16 0.03 -0.07
Revenue Estimate 28.58M 21.75M 28.50M 18.09M
Revenue Actual 35.34M 24.50M 36.77M 25.45M

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: BZI-RecapsEarnings