Co-Diagnostics, Inc. Announces Q1 2020 Results and Provides Mid-Second Quarter Update

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Co-Diagnostics (CODX) Reports In-Line Q1 EPS, Revenues Beat

May 14, 2020 4:35 PM EDT

Co-Diagnostics (NASDAQ: CODX) reported Q1 EPS of ($0.05), in-line with the analyst estimate of ($0.05). Revenue for the quarter came in at $1.55 million versus the consensus estimate of $620 thousand.

Q1 2020 Highlights:

Company commences COVID-19 test sales and reports $1.5 Million of revenue in Q1Gross margins of 71.5% on sales... More