Codexis, Inc. (CDXS) Misses Q1 EPS by 4c; Comments on Outlook

Codexis, Inc. (NASDAQ: CDXS) reported Q1 EPS of ($0.21), $0.04 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $31.1 million versus the consensus estimate of $30.85 million.

For the full year 2012, Codexis forecasts revenues in line with or exceeding 2011 results. Codexis expects 2012 Adjusted EBITDA will be positive, and expects total cash burn to be in line with 2011 levels.

For earnings history and earnings-related data on Codexis, Inc. (CDXS) click here.

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