Pfenex Reports First Quarter 2015 Results and Provides Business Update

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Pfenex (PFNX) Misses Q1 EPS by 5c

May 14, 2015 8:04 AM EDT

Pfenex (NYSE: PFNX) reported Q1 EPS of ($0.29), $0.05 worse than the analyst estimate of ($0.24). Revenue for the quarter came in at $2 million versus the consensus estimate of $2.1 million.

usiness Updates

In April, Pfenex completed a follow-on public offering pursuant to which we sold 2,610,000 shares of common stock and certain existing... More