REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Codexis Inc. (CDXS) on Wednesday reported earnings of $9.6 million in its fourth quarter.
On a per-share basis, the Redwood City, California-based company said it had profit of 11 cents.
The producer of custom industrial enzymes posted revenue of $38.9 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $38.3 million.
For the year, the company reported a loss of $44 million, or 50 cents per share. Revenue was reported as $70.4 million.
Codexis expects full-year revenue in the range of $72 million to $76 million.
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