Codexis (CDXS) Tops Q2 EPS by 10c, Revenues Beat

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Codexis Reports Second Quarter 2021 Financial Results

August 5, 2021 4:05 PM EDT

Record Product Revenue of $14.7M, up 227% YOY

Record Product Gross Margin of 71%

Company Raises Guidance for 2021 Total Revenue to $98 - 103 M and 2021 Product Revenue to $59 - 63 M

REDWOOD CITY, Calif., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Codexis, Inc. (Nasdaq: CDXS), a leading enzyme engineering company enabling the promise of synthetic biology, today announced financial results for the second quarter ended June 30, 2021 and provided a business update.

Codexis had an extraordinarily strong second quarter, with record product revenue that... More