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Codexis Q3 revenue of $19.3 million beats expectations

Associated Press · ·by G4L

CDXS
CDXS Codexis Inc
$0.96 -1.87%
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  1. 1Codexis Inc. recorded $19.3 million in Q3 revenue.
  2. 2Codexis Inc. reported a Q3 loss of $8.1 million.
  3. 3Codexis Inc. expects annual revenue to be between $72 million and $76 million.

So what's the key point?

Codexis Inc. generated $19.3 million in revenue during the third quarter. However, the company recorded a loss of $8.1 million and projected its annual revenue to be between $72 million and $76 million.

Source Associated Press · View original ↗

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