REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Codexis Inc. (CDXS) on Thursday reported a loss of $8.7 million in its first quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 10 cents.
The producer of custom industrial enzymes posted revenue of $15.2 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $15 million.
Codexis expects full-year revenue in the range of $72 million to $76 million.
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