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.