Codexis (CDXS) Tops Q3 EPS by 24c

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Go back to Codexis (CDXS) Tops Q3 EPS by 24c

Codexis Reports Financial Results for the Third Quarter of 2015

November 4, 2015 4:06 PM EST

Records net income of $5.4 million on revenues of $17.4 million

Recognizes licensing agreement milestone payments totaling $11.5 million from GSK and Merck

Affirms 2015 revenue guidance and raises gross margin guidance

Conference call begins at 4:30 p.m. Eastern time today

REDWOOD CITY, Calif., Nov. 4, 2015 (GLOBE NEWSWIRE) -- Codexis, Inc. (NASDAQ: CDXS), a leading protein engineering company, announces financial results for the three and nine months ended September 30, 2015, and provides an update on the company's business progress.

"We are reporting strong financial and... More