Co-Diagnostics, Inc. Announces Q3 2020 Financial Results Including YTD Net Income per Common Share of $1.07

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Co-Diagnostics (CODX) Misses Q3 EPS by 10c, Revenues Miss

November 16, 2020 4:07 PM EST

Co-Diagnostics (NASDAQ: CODX) reported Q3 EPS of $0.53, $0.10 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $21.82 million versus the consensus estimate of $32.79 million.

Q3 2020 Highlights:

Company continues COVID-19 test sales and reports $21.8 million of revenue in Q3;Quarterly net income of $15.7 million and net income per diluted common share of $0.53;Year-to-date net income of $29.7 million and $1.07 per... More