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Codexis reports $19.3 million in Q3 revenue and expands production scale

The Motley Fool +1 · ·by G4L

CDXS
CDXS Codexis Inc
$0.96 -1.87%
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  1. 1Codexis recorded $19.3 million in revenue for Q3 2026, meeting targets for the fourth consecutive quarter.
  2. 2The ECO Synthesis platform achieved a 100g production scale and reduced cycle times by 40%.
  3. 3Codexis announced a $60 million term loan agreement to strengthen its financial position.

So what's the key point?

Codexis met its goals by generating $19.3 million in revenue during the third quarter. The company also improved production efficiency and strengthened its finances through a new loan.

Source The Motley Fool +1 · View original ↗

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